Peshqeshit HEPP 3
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Impacts
Project Information
Peshqeshit HEPP 3 (the “Project Activity”) is a hydroelectric power plant developed by AYEN AS ENERGJI SHA (the “Project Owner” or “Project Proponent”) in Reps, Mirditë, Albania. The project generates renewable electricity from hydropower and reduces greenhouse gas emissions by replacing fossil fuel-based electricity generation. It applies the ACM0002 methodology, "Grid-connected electricity generation from renewable sources" (Version 22.0). The project has an installed capacity of 34 MW (large-scale) and is expected to generate approximately 118,400 MWh of clean electricity annually, resulting in an estimated emission reduction of 36,941 tCO₂e per year. The project contributes to the SDG 7, SDG 8, and SDG 13. The crediting period of the project is from 27 April 2015 to 26 April 2025, with the project start date on 27 April 2015.
Media
Sustainable Developement Goals
Affordable and Clean Energy
Ensure access to affordable, reliable, sustainable and modern energy for all
Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Climate Action
Take urgent action to combat climate change and its impacts
Additionality
Level 1 additionality
Baseline additionality. Compared to the baseline scenario the project needs to mitigate climate change. That is the project must implement actions that are additional to what would occur compared to the baseline.
Level 2a additionality
Statutory additionality. The project must implement actions that are beyond requirements stipulated in local legislation or regulations. Projects are statutory additional if their implementation and/or operation is not required by any law, statute, or other regulatory framework, agreements, settlements, or other legally binding mandates requiring implementation and operation or requiring implementation of similar measures that would result in the same mitigations in the host country.
Level 4a additionality
Financial additionality I. A project is financially additional if it results in higher costs or relatively lower profitability than would have otherwise occurred in the baseline scenario.
Participants
Organizations involved in the project
Version | File size | ||||
|---|---|---|---|---|---|
No issuance statement 1 documents | |||||
Other note 3 documents | |||||
Project design description and monitoring report 1 documents | |||||
Review report 1 documents | |||||
Validation and verification report 1 documents |
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