Version 03.1 Page 1 of 27

Size: px
Start display at page:

Download "Version 03.1 Page 1 of 27"

Transcription

1 Monitoring report form (Version 03.1) Monitoring report Title of the project activity Balikesir MW Wind Power Plant (in the following: Balikesir WPP) Reference number of the project activity GS971 Version number of the monitoring report v2 Completion date of the monitoring report Registration date of the project activity 19/09/2013 Monitoring period number and duration of this monitoring period Project participant(s) Host Party(ies) Sectoral scope(s) and applied methodology(ies) Estimated amount of GHG emission reductions or net anthropogenic GHG removals by sinks for this monitoring period in the registered PDD Actual GHG emission reductions or net anthropogenic GHG removals by sinks achieved in this monitoring period 1 st Periodic Monitoring Report 17/08/ /09/2013 Enerjisa Enerji Üretim Anonim Şirketi. (ENERJISA) Turkey Sectoral Scope 1, Energy Industries and ACM0002 Consolidated baseline methodology for grid-connected electricity generation from renewable sources, version ,554 tco 2 260,430 tco 2 Version 03.1 Page 1 of 27

2 SECTION A. Description of project activity A.1. Purpose and general description of project activity Enerjisa Enerji Üretim Anonim Şirketi (ENERJISA) proposed to install Balikesir WPP with MWm / MWe 1 installed capacity in Balıkesir Province of Turkey. Balikesir WPP had 52 turbines, each having an output of 2.75 MW. The total electricity production of the project was calculated as 404,125MWh/year. Balikesir WPP was connected via a 4.5 km transmission line to the 154 kv Balıkesir- Poyraz II Transformer Station and the generated electricity is supplied to Turkey s national electricity grid. ENERJISA obtained the Electricity Power Generation License from the Energy Market Regulatory Authority (EMRA) for the proposed project site. A 49-year license (License No. EU/1167-6/839, dated April 18, 2007) is granted for the project by option of EMRA under the provisions of Law No governing the electricity market in the Public of Turkey. The purpose of the project is to utilize wind energy potential in Turkey and to compensate energy requirement through a sustainable, environmentally and cost effective way. Balikesir WPP is not a de-bundled component of a large scale project activity. The important note about the timeline of project planning and implementation is that the company BARES, the sole owner of BARES WPP has been acquired by EnerjiSA, an energy investment and electricity production and sales company on February 14, Until that date, the prior company that solely owned BARES has invested in the project development work as well as minor construction such as access roads to the site. It is also important to note that the emission reduction credit development for the project had also been initiated before the acquisition of BARES by EnerjiSA and before all the construction had started including the access road. The real construction has started in April 2011 after the acquisition of BARES in February Apart from usage of renewable energy sources, the project has positive impact on social, economical and environmental indicators which is discussed in more details in section D.2 of the report The emission reduction of Balikesir MW Wind Power Plant is 260,430 tco2e during first Monitoring Period (17/08/ /09/2013) A.2. Location of project activity The plant is within the Balikesir, a town in Turkey. The project area is amongst Ayvatlar, Gokceoren, Kurse, Karakaya, Eseler and Yeniköy villages. Please see the geographical coordinate of each turbine in the table below: Turbine # E N The total installed capacity of 52 turbines is 143 MWm. However, the instalalled capacity is limited with MWe as indicated in the electricity generation license of the Project. Version 03.1 Page 2 of 27

3 Table 1: Turbine Coordinates Version 03.1 Page 3 of 27

4 Figure 1: Project Location on Turkey Map Figure 2:Site Layout A.3. Parties and project participant(s) Party involved ((host) indicates a host Party) Private and/or public entity(ies) project participants (as applicable) Indicate if the Party involved wishes to be considered as project participant (Yes/No) Version 03.1 Page 4 of 27

5 Turkey (host) Enerjisa Enerji Üretim Anonim Şirketi. (ENERJIİSA) (Private Entity) No A.4. Reference of applied methodology Applied approved baseline and monitoring methodologies: Used tools: Approved consolidated baseline methodology ACM0002 Consolidated baseline methodology for grid-connected electricity generation from renewable sources, version Tool for the demonstration and assessment of additionality version Tool to calculate the emission factor for an electricity system version For more information regarding the methodology please refer to: A.5. Crediting period of project activity Crediting period of the project is 7 years which is twice renewable. Crediting period is from 17/08/2012 to 16/08/2019 (both days are included). SECTION B. Implementation of project activity B.1. Description of implemented registered project activity Wind power is one of the most commonly used environment friendly technologies in energy sector all over the world. Within the scope of the project, all precautions have been taken for the environment during the design phase and the project was implemented in line with the environmental law and related regulations. During the project, the following turbine types were assessed by the design company: GE MW on 85 m towers GE MW on 85 m towers Siemens SWT MW turbine on 80 m towers Mix of Vestas V MW on 80 m towers and V MW on 84 m towers GE MW on 85 m towers GE MW on 85 m towers (Layout 5) Based on the analysis made by Natural Power based in Strasbourg, France, a power production estimation report was prepared. Based on this report, GE MW on 85 m towers option has been selected. The result of the measurements made by Natural Power the net annual energy productions, confidence levels and uncertainties are projected: Version 03.1 Page 5 of 27

6 Probability (%) AEP (GWh/yr) Capacity Full Load Hours Table 2: Summary of AEP, capacity factors and full load hours for Balikesir WPP (nominal capacity 142.5MW) The technical details of the turbines involved in the project are as follows: 2 Wind Turbines: Number of turbines : 52 Brad : GE Energy Model : GE Rated Power : 2,750 kw Period : d/d Blades: Brand : GE Energy Type : 103 meter rotor with 3 blades Rotor : 103 meters Blade length : 50 m. Gear Boxes: Brand Type Rated Power Speed Voltage Frequency : WINERGY : GBX : 5,085 kw : rpm : 690 V : 50 Hz Generators: Supplier Type Phase Power Voltage Frequency : WINERGY : PM Synchronous Generator : 3 phases : 3,040 MVA : 690 V : 50 Hz. 2 The technical details of the turbines are provided from Ministry Provisional Acceptance Letters. Version 03.1 Page 6 of 27

7 Period : 1,735 rpm Current : A Cos Q : 0.9 Towers: Brand Type Tower Weight : Gestamp : Tubuler Steel Tower : 180,500 kg. The project installation was completed according to the description in the PDD and completely operational. The timeline of the project is in the following table: Events and Actions Date License obtained from EMRA (License No: EÜ/1167-6/839) 18/04/2007 EIA not required decision by the Ministry of Environment and Forestry 29/11/2007 First Energy Production Estimation Report 19/12/2008 Air and Noise Quality Reports by Goksen Muhendislik 09/12/2009 Environmental and Social Impact Assessment Report January 2010 Agreement with the PDD Consultant February 2010 Local Stakeholder Consultation Meeting 02/09/2010 BARES declaration of non-use of ODA funding 28/10/2010 Wind Speed Analysis and Power Production Assessment Report 12/01/2011 Feasibility Study Phase January 2011 Acquisition of BARES by EnerjiSA (Investment Decision Date) 14/02/2011 Estimation of Power Production for Various Turbine Types 18/05/2011 EPC Contract 15/06/2011 Start of VER validation 23/11/2011 The First Calibration Date 03/08/2012 Commissioning date of Turbines #1,2,5,6,7 17/08/2012 Commissioning Date of Turbines #13,14,15,16,17,18 14/09/2012 Commissioning Date of Turbines #3,4,25,26,27,28,35,36,37 06/10/2012 Commissioning Date of Turbines #29,30,31,32,33,34 03/11/2012 Commissioning Date of Turbines #38,39,40,41,42,43,44 22/11/2012 Commissioning Date of Turbines #19,20,45,46,47,48,49,50 22/12/2012 Commissioning Date of Turbines #8,21,22,24,51,52 02/02/2013 Commissioning Date of Turbines #9,10,11,12,23 27/02/2013 Date of Approval of the Final Validation Report 07/08/2013 Date of Gold Standard Registration 19/09/2013 Version 03.1 Page 7 of 27

8 Monitoring Report version 01 (End of the first monitoring period, 30/09/2013) 01/10/2013 Table 3: Timeline of the project 3 There is no any other change than stated above. There are no events or situations occurred during the monitoring period, which may affect the applicability of the methodology. Furthermore, during the 1 st monitoring period (17/08/ /09/2013), only one event happened that affects the production of electricity and this event does not impact the applicability of the methodology. It is documented in the following table: DESCRIPTION DATE ID NUMBER OF STOPPED TURBINE DURATION Wind turbine fire T2 Since Table 4: Special Event Log 4 The fire was quenched as soon as possible by authorized persons. Hence there were not anything damaged due to this incident. This situation was addressed according to the internal operational procedures and the emergency plan was performed. Futhermore, during the verification site visit the burning wind turbine was visited by the verifying DOE. The Environmental Safety photos of the turbines : 3 The Provisional Acceptance Certificates and all relevant documents were provided to the DOE. 4 During the site visit further information which is regarding the wind turbine fire will be shared with the DOE Version 03.1 Page 8 of 27

9 Version 03.1 Page 9 of 27

10 B.2. Post registration changes B.2.1. Temporary deviations from registered monitoring plan or applied methodology NA B.2.2. Corrections NA B.2.3. Permanent changes from registered monitoring plan or applied methodology NA B.2.4. Changes to project design of registered project activity NA B.2.5. Changes to start date of crediting period NA B.2.6. Types of changes specific to afforestation or reforestation project activity NA SECTION C. Description of monitoring system There were four meters attached to the power plant for measurement of the generated electricity. Two of the Version 03.1 Page 10 of 27

11 meters are main meter and the others are control meter. The role of the second meters are to check if the main meters measure the generated electricity accurately. The meters- ELSTER A which are used in the power house are in line with the EMRA requirements for electricity meters. The main meters serial numbers are (Trafo1) and (Trafo2) 5. The accuracy class of the product production is 0.2s. 6 Please see the table below for the technical specifications of the meters : Brand Elster Model Alpha A1500 Serial Numbers Main meter 1(Trafo1): (Control meter 1: ) Main meter 2(Trafo2): (Control meter 2: ) Accuracy 0.2s - 1 Current 1A Voltage 3*58/100V Table 5: Technical specifications of the meters 7 Responsibilities for monitoring The measured electricity is agreed with TEIAS and the measurements are the basis for the PMUM (Market Financial Settlement Center) records. The plant manager of Balikesir WPP is responsible for providing the measurement records and PMUM screenshots which show both the monthly electricity supplied to the grid and electricity traction from the grid. The plant manager or his assistant (in the absence of the manager) is responsible to control the electricity measurements with the authorized person from TEIAS and store the monthly electricity measurement records in the power plant for the calculation of emission reductions at the end of each monitoring period. The data will be collected and stored by BARES not only during the crediting period but also two years after the last issuance of GS VERs to Balikesir WPP project for that crediting period. 5 The single-line diagram was presented to the DOE The first index protocol was provided to the DOE Version 03.1 Page 11 of 27

12 Figure 3: Organizational Structure Chart In addition, the emission factors were calculated ex-ante for the period of seven years. The combined margin will be recalculated through ACM0002 / Version , any time the crediting period is renewed. Please note that the project is a zero emission generating activity and no particularly sensitive or critical sustainable development indicator was identified. The only data to be monitored was the amount of electricity fed into the grid: ID Number 1. EGfacility,y Data Variable Source of Data Data Unit Quantity of net electricity generation Project Activity supplied by the MWh/yr site project plant/unit to the grid in year y Measured (m) Recording Calculated (c) Frequency Estimated (e) m Continious measurment and monthly recording Proportion of data to be monitored Table 6: Data to be Monitored and Monitoring Process How will the data be archived? Comment (electronic or paper) 100% Electronic and paper The data will be obtained from the PMUM records. Metering: The meters measure the electricity delivered to the grid and also the electricity traction from the grid. Based on these measurements, the net electricity supplied to the grid 8 was calculated from the PMUM records and this amount determined the emission reduction figures. As the necessary baseline emission factors are all defined ex ante, the only information to be monitored is the amount of electricity fed into the grid by Balikesir WPP. The data was taken from the PMUM (Market Financial Settlement Center) records. According to the registered PDD of the project PMUM records have been assumed as the default data source for the evaluation of the emission reduction and the measurement records have been used to crosscheck. Data Cross-checking, Reporting and Archiving : As description above all production figures which are subject to sales to the grid are agreed with PMUM. These figures can be accessed from PMUM s web site by the seller. Therefore, net electricity production figures announced by PMUM have been used in emission calculation figures. These figures have also been cross checked with the production and internal electricity usage figures provided from the OSF forms which are provided to the company by TEIAS after the remote measurement of the meters. Copies of OSF forms and PMUM records have been collected and stored in the plant. The measurement records which show the monthly electricity generations and imports of the project have been provided by the plant manager of Balikesir WPP. The monthly meter reading documents (settlement notifications of PMUM) are stored by Akdeniz Elektrik Üretim A.Ş. and TEIAS. Monthly data from TEIAS are stored electronically on TEIAS website and this data can be accessed by login of Project Developer 9. 8 EGFacility,y= EGexport,y- EGimport,y 9 Version 03.1 Page 12 of 27

13 Monitoring of Emission Reduction Primary Meter (Daily and monthly data of PMUM records) Secondary Meter (Backing up Primary Meter) Step 1: Data Collection and Metering Step 2: Data Crosschecking and Archiving Step 3: Reporting ( Figure 4 : Line diagrams showing all relevant monitoring points Calibration Procedures: As the meters were sealed by TEIAS, Project Participant cannot intervene with the devices by themselves. TEIAS performs a regular maintenance on a regular basis and the main responsible for calibration. This calibration process is done by another third party under the control of TEIAS according to IEC ,22 11, standards. The company is not responsible for calibration of the meters in Turkey according to the local standards. In addition, The Turkish Electricity Market Regulation Agency (EPDK) sets rules on the accuracy of electricity meters that are used by power plants feeding into the grid. The rules are part of the EPDK regulation from 22 March On the other hand, no differences between the meters occurred since the initial calibration, so no further calibrations were necessary. The initial calibration process was done by TEIAS on August 3 rd, SECTION D. Data and parameters D.1. Data and parameters fixed ex ante or at renewal of crediting period (Copy this table for each piece of data and parameter.) Data / Parameter: EF Unit: tco2e/mwh Description: Emission factor of the Turkish grid Source of data: Balikesir Wind Power Project PDD registered under GS (GS971) Value(s) applied): Purpose of data: Baseline emission calculation During the site visit the Initial Calibration Document was presented to the DOE. Version 03.1 Page 13 of 27

14 Additional comment: The emission factor of the Turkish grid is calculated ex-ante and has been fixed for the first crediting period. D.2. Data and parameters monitored (Copy this table for each piece of data and parameter.) Data / Parameter: Unit: Description: Measured/ Calculated / Default: Source of data: Value(s) of monitored parameter: Monitoring equipment: Electricity Production / EGfacility,y MWh Quantity of net electricity delivered to the grid Measured PMUM (Market Financial Settlement Center) records (Meter reading records-osf forms for cross-checking of main meters) 428,058 The meters provide high accuracy and stability were supplied from Elster Group. Serial numbers of the meters are , for main meters and , for the secondary (Control) meters. Please see the table below for the technical specifications of the meters : Measuring/ Reading/ Recording frequency: Calculation method (if applicable): QA/QC procedures: Purpose of data: Additional comment: Brand Elster Model Alpha A1500 Serial Numbers Main meter (Trafo)1: (Control meter 1: ) Main meter(trafo)2 : (Control meter 2: ) Accuracy 0.2s - 1 Current 1A Voltage 3*58/100V PMUM records provides the exact electricity generation of the facility and the imports from the grid. The electricity meters have been controlled and maintained by the grid owner. The quantity of net electricity delivered to the grid has been cross checked with the monthly meter reading records. The net electricity of the facility is the difference of the electricity exported to the grid and imported from the grid. Cross check measurement results with records for sold electricity. Used for baseline emission According to the requirements of Gold Standard, the project activity must be assessed against a matrix of sustainable development indicators. The contribution of the proposed project activity to the sustainable development of the country is based on indicators of local/global environment sustainability, social sustainability & development and economic & technological development. With regards to the project activity, nine indicators were added to the monitoring plan. Version 03.1 Page 14 of 27

15 All documents regarding these additional parameters can be presented to the DOE during verification process : Data / Parameter: Chosen Parameter: Unit: Description: Air Quality (SDI.1) The air quality at project activity sites n.a Measured/ Calculated / Default: Source of data: Auditing Report. 16 Dust concentration measurements are taken in Eseler, Karakaya and Ayvatlar Villages considering prevailing wind direction for the proposed wind power plant by ENERJISA During construction activities, due to the fact that construction activities are very limited, it is not expected that PM10 concentration to exceed 3 mg/nm3 as given by the national regulations. For this reason, dust emissions have been followed throughout the construction period. (ESIA Report Dated 2010 Section page 77). Moreover, The construction contractor was prepared Monthly Environmental and Social Monitoring Reports in which performance of the project is evaluated as per ESIA commitments (ESIA Report Dated 2010 Section page 87) 15. Value(s) of monitored parameter: Monitoring equipment: Measuring/ Reading/ Recording frequency: Calculation method (if applicable): QA/QC procedures: Purpose of data: Additional comment: The air quality at project activity sites During the construction Sustainability monitoring parameters Data / Parameter: Chosen Parameter : Unit: Description: Other Pollutants (Noise) (SDI.2) Compliance with Assessment and Management of Environmental Noise Regulation (Dated: , Number: 26809) The project has not exceed the limit value (70 dba) which is defined in the Regulation on Assessment and Management of Environmental Noise. The workers continuously have used personal protection materials while working also for the noise level out of the working area, the noise has been measured in case of a complaint. 15 ESIA Report Dated 2010 and Auditing Reports were provided to the DOE 16 Auditing Environmental and Social Commitments of BARES (Balıkesir-1) Wind Farm Project prepared by AECOM dated June 2012 and November 2012, page 2-1 Version 03.1 Page 15 of 27

16 Measured/ Calculated / Default: Source of data: Value(s) of monitored parameter: Monitoring equipment: Measuring/ Reading/ Recording frequency: Calculation method (if applicable): QA/QC procedures: Purpose of data: Additional comment: On site observation and Measuring the level of Environmental Noise Assessment Report has been prepared 18th of March During the construction 17 and 1 st year of operation and in case of a complaint Sustainability monitoring parameters Data / Parameter: Biodiversity (SDI.3) Chosen Parameter : Number of effected birds and bats 18 Unit: Description: Measured/ Calculated / Default: Source of data: Controlling project site regularly by the project manager and by a third party Value(s) of monitored parameter: Monitoring equipment: Measuring/ Reading/ Recording frequency: Calculation method (if applicable): QA/QC procedures: Purpose of data: During the construction before commissioning, and during the first year of the operation and in case of any compliance second year of operation Sustainability monitoring parameters 17 Ambient Noise Measurement Report has been prepared by Selin Lab, dated February According to the Ambient Noise Measurement Report, all measurement points in the noise levels have not been exceeded the legal limits. There is not any complaint. 18 According to the ESIA Report, the project area does not cross any protected area, national park, wildlife area or archaeological site nor major bird migration corridors. Version 03.1 Page 16 of 27

17 Additional comment: An ornithology report was prepared for the fall semester period. It is presented to the DOE. Data / Parameter: Chosen Parameter : Unit: Description: Measured/ Calculated / Default: Source of data: Value(s) of monitored parameter: Quality of employment (SDI.4) Number of employees to be trained for the construction and operation of the plant The project proponent aims for improvement of safety for labour providers. There have been on the job vocational trainings for those who do not have specific construction experience. All the workers were benefit from trainings on construction health and safety 19. The number of trainings and attendance of employees have been monitored by documents (Training Records). Training and attendance certificates are available to the DOE during the on-site visit. Monitoring equipment: Measuring/ Reading/ Recording frequency: Calculation method (if applicable): QA/QC procedures: Purpose of data: Additional comment: Yearly Sustainability monitoring parameters Data / Parameter: Chosen Parameter : Unit: Description: Measured/ Calculated / Default: Quantitative Employment and Income Generation (SDI.5) Household income generated from the project (The project owner is committed to prioritize local labour force. As a result the employment rate and income generation in the region was increased.) The company has been provided job opportunities and as a result increase income generation. Approximately 5 people have been hired from the region during the operation of the power plant. Such as gardener, cleaner and security staff. Source of data: SGK (Social Security Institution) Records of the company The training records of the job vocational for operators and health and safety trainings for all workers were provided during the site visit to the DOE. 20 SGK (Social Security Institution) Records of the company have been provided during the verification to the DOE Version 03.1 Page 17 of 27

18 Value(s) of monitored parameter: Monitoring equipment: Measuring/ Reading/ Recording frequency: Calculation method (if applicable): QA/QC procedures: Purpose of data: Additional comment: Yearly Sustainability monitoring parameters Data / Parameter: Chosen Parameter : Unit: Description: Water Quality and Quantity (SDI.6) Water Contamination Waste water produced by workers during construction and operation have been collected in a sealed septic tank and later discharged by the local authority as per the Regulation on Control of Water Contamination 21. The company has not discharged any waste water to the surface or ground water. Measured/ Calculated / Default: Source of data: Waste water disposal agreement. 22 Value(s) of monitored parameter: Monitoring equipment: Measuring/ Reading/ Recording frequency: Calculation method (if applicable): QA/QC procedures: Purpose of data: Additional comment: Yearly Sustainability monitoring parameters Data / Parameter: Soil Condition (SDI.7) 21 irlili%c4%9fi%20kontrol%c3%bc%20y%c3%b6netmeli%c4%9fi 22 The septic tank discharged invoice was provided to the DOE. Version 03.1 Page 18 of 27

19 Chosen Parameter : Unit: Description: Measured/ Calculated / Default: Excavated earth Soil protection measures are subject to Regulation on Soil Protection and Land Use 23. Measures to be taken during installation of towers as per the said regulation in order not to disturb plant pattern on private and public lands. Excavated earth was used as fill material, 23 Version 03.1 Page 19 of 27

20 Source of data: The excavated earth was stored at the turbine locations and re-used for the filling of the turbine foundation and site levelling purposes. Thus, no excavated soil was transported or stored outside the project area. A letter received from the construction company on this issue was presented to the DOE. 24 Furthermore some of the relevant pictures from the project area: Value(s) of monitored parameter: Monitoring equipment: 24 The relevant documents were provided to the DOE, during the verification site visit. Version 03.1 Page 20 of 27

21 Measuring/ Reading/ Recording frequency: Calculation method (if applicable): QA/QC procedures: Purpose of data: Additional comment: During the construction and 1st year of operation Sustainability monitoring parameters Data / Parameter: Waste Oil (SDI.8) Chosen Parameter : Unit: Description: Measured/ Calculated / Default: Waste Oil The Oil Analysis was done and a report was prepared for the each of the turbine by GE. As a result of the analysis that is understood the oil is suitable for further use. Hence there is no waste oil records in the project yet The Oil Analysis Lab Report was presented to the DOE, during the verification site visit. Version 03.1 Page 21 of 27

22 Source of data: The Oil Analysis Lab Report date is 10/06/2013. There have not any waste disposal records yet Furthermore some of the relevant pictures from waste storage area: Value(s) of monitored parameter: Monitoring equipment: Measuring/ Reading/ Recording frequency: Calculation method (if applicable): Yearly Version 03.1 Page 22 of 27

23 QA/QC procedures: Purpose of data: Additional comment: Sustainability monitoring parameters Data / Parameter: Chosen Parameter : Unit: Description: Measured/ Calculated / Default: Expropriation (SDI.9) Properly use of lands for access roads The project owner was used the private land for a small portion of access roads due to technical requirements. It was done on a willing-seller and buyer basis. Source of data: Written consents of the land owner and related documents 26. Value(s) of monitored parameter: Monitoring equipment: Measuring/ Reading/ Recording frequency: Calculation method (if applicable): QA/QC procedures: Purpose of data: Additional comment: During the 1st Verification Sustainability monitoring parameters Required permissions were granted and land acquisition/rental procedures are in progress. 27 D.3. Implementation of sampling plan SECTION E. Calculation of emission reductions or GHG removals by sinks E.1. Calculation of baseline emissions or baseline net GHG removals by sinks The total emission reductions can be calculated with the results of the below described equations. The emission reduction is equal to the baseline emissions minus project emissions and leakage emissions. Leakage emissions in this project are considered to be zero. There are no project emissions in this kind of project. The general equation is as suggested in ACM0002 / Version , emission reductions are calculated as follows: 26 The easement agreements which are related to pasture and treasury lands have been signed. The title deed registration process still continues. In case of the expropriation of the lands, land owners' fees have been paid but the procedures are in progress. 27 Maps showing landownership are provided in Annex-8 of the Environmental and Social Impact Assessment Report (ESIA) of the Project Version 03.1 Page 23 of 27

24 ERy = BEy PEy LEy ERy : Emission reductions in year y (t CO2e/yr) BEy : Baseline emissions in year y (t CO2e /yr) PEy : Project emissions in year y (t CO2/yr) LEy : Leakage emissions in year y (t CO2/yr) Since PEy and LEy are assumed to be 0, emission reductions are equal to baseline emissions. Baseline emissions Baseline emissions include only CO 2 emissions from electricity generation in fossil fuel fired power plants that are displaced due to the project activity, calculated as follows: Accordingly the baseline emissions BEy are calculated as following: BEy = EGPJ,y x EFgrid, CM, y Where: BEy : Baseline emissions in year y (tco2/yr) EGPJ,y : Quantity of net electricity generation that is produced and fed into the grid as a result of the implementation of the project activity in year y (MWh/yr) EFgrid,CM,y : Combined margin CO2 emission factor for grid connected power generation in year y calculated using the latest version of the Tool to calculate the emission factor for an electricity system (tco2/mwh) EFgrid,CM,y :Combined margin CO2 emission factor for grid connected power generation in year y calculated using the latest version of the Tool to calculate the emission factor for an electricity system. EFgrid,CM,y = tco 2 /yr Applying the above equation to the project data given in table for calculation, baseline emissions in 2012 and 2013 are as below: Baseline Emission in 2012: BE 2012= 70,413[MWh] * [tco2/mwh] = 42,839 tco 2 Baseline Emission in 2013: BE2013= 333,712[MWh] * [tco2/mwh] = 203,030 tco 2 The baseline emissions for the project activity according to the PDD are included in the following tables: Version 03.1 Page 24 of 27

25 Net Electricity Generation(MWh) PMUM 2012 Balikesir WPP (MWh) Electricity Traction from Grid (MWh) Net Electricity Supplied to the Grid (MWh) Aug-12 2, ,471 1,504 Sep-12 5, ,667 3,448 Oct-12 11, ,551 7,028 Nov-12 25, ,152 15,302 Dec-12 25, ,572 15,558 TOTAL 70, ,413 42,839 Emission Reductions (Tons) Table 7: Baseline emissions during this monitoring period (17/08/ /12/2012) PMUM 2013 Balikesir WPP(MWh) Net Electricity Emission Net Supplied Reductions Electricity Electricity Traction to the Grid (Tons) Generation(MWh) from Grid (MWh) (MWh) Jan-13 33, ,178 20,186 Feb-13 27, ,785 16,904 Mar-13 37, ,516 22,824 Apr-13 32, ,446 19,740 May-13 26, ,379 16,049 Jun-13 32, ,514 19,782 Jul-13 74, ,665 45,426 Aug-13 69, ,229 42,119 Sep-13 24, ,933 14,561 TOTAL : 358,881 1, , , Table 8 : Baseline emissions during this monitoring period (01/01/ /09/2013) (tco2) Date Electricity Supply (kwh) Electricity Traction (kwh) Net Electricity Supplied to the Grid (MWh) Emission Reductions [tco2] (both days are included) 70, , , (both days are included) 358, , , , TOTAL 429, , , , Table 9: Total Emission Reductions Version 03.1 Page 25 of 27

26 E.2. Calculation of project emissions or actual net GHG removals by sinks According to the baseline methodology ACM0002, the GHG emission of the project within the project boundary is zero, i.e. PEy =0. E.3. Calculation of leakage The energy generating equipment is not transferred from or to another activity. Therefore leakage does not have to be taken into account and is taken as 0 tco2/year. Then: ERy= BEy E.4. Summary of calculation of emission reductions or net anthropogenic GHG removals by sinks Item Baseline emissions or baseline net GHG removals by sinks (t CO 2 e) Project emissions or actual net GHG removals by sinks (t CO 2 e) Leakage (t CO 2 e) Emission reductions or net anthropogenic GHG removals by sinks (t CO 2 e) Total 260, ,430 E.5. Comparison of actual emission reductions or net anthropogenic GHG removals by sinks with estimates in registered PDD Item Emission reductions or GHG removals by sinks (t CO 2 e) Values estimated in ex-ante calculation of registered PDD Actual values achieved during this monitoring period 235,554 (tco 2 e) ,430 (tco 2 e) E.6. Remarks on difference from estimated value in registered PDD According to the registered PDD and baseline calculation excel sheet the estimated annual emission reduction was calculated as 262,974 tco2e. To be more precise the project started with the partial commissioning of the plant. Hence to compare with actual and estimated emission reductions in registered PDD, the Estimated Project Crediting Period Start Date was revised according to the real project start date as and the real implementation dates were used. The result of the expected emission reduction was calculated as 235,554 tco2e for the current monitoring period (17/08/ /09/2013) Estimated Project Crediting Period Start Date was revised according to the real project start date as and then expected emission reduction calculation has been calculated as 235,554 tco2e (ER 2012 = 44,461tCO 2e and ER 2013 = 191,093 tco 2e ) for the current monitoring period. 29 The registered baseline which is revised according to the current period was presented to the DOE. Version 03.1 Page 26 of 27

27 In case the project actual emission reduction was calculated as 260,430tCO2e for the current monitoring period, which is 24,825 tco2e higher than the expectations for the same period. This result shows that the project has a high efficiency as expected. Furthermore the additionality of the project is not affected by it. E.7. Actual emission reductions or net anthropogenic GHG removals by sinks during the first commitment period and the period from 1 January 2013 onwards Item Emission reductions or GHG removals by sinks (t CO 2 e) Actual values achieved up to 31 December 2012 Actual values achieved from 1 January 2013 onwards 42,839 (tco2e) 217,591 (tco2e) Document information Version Date Description January 2013 Editorial revision to correct table in section E December 2012 Revision required to introduce a provision on reporting actual emission reductions or net anthropogenic GHG removals by sinks for the period up to 31 December 2012 and the period from 1 January 2013 onwards (EB70, Annex 11) March 2012 Revision required to ensure consistency with the "Guidelines for completing the monitoring report form" (EB 66, Annex 20) May 2010 EB 54, Annex 34. Initial adoption. Decision Class: Regulatory Document Type: Form Business Function: issuance Keywords: monitoring report, performance monitoring Version 03.1 Page 27 of 27