Lodos Elektrik Üretim A.S. has developed the Karaburun 120 MW Wind Power Project, located in Karaburun, Izmir, Turkey. It consists of fifty two E-70 turbines-manufactured by Enercon- with capacity of 2.3 MW each. The wind farm is expected to supply 40,571 MWh in 2010; 243,204 MWh in 2011 and 324,569 MWh in 2012 into the Turkish grid.

Secondary benefits

• Job opportunities for local contractors during construction
• Stimulation of local economy
• Avoidance of harmful emissions from fossil fuelled power generation elsewhere in Turkey

Standard

This project is seeking registration with the Gold Standard Voluntary Emission Reduction (GS VER) credits stream. An Initial Stakeholder Consultation will be organised in autumn 2008. As Turkey is not eligible for hosting either Clean Development Mechanism or Joint Implementation, only the voluntary route is available for emission reduction projects in Turkey. Listed Project no. GS 597

Baseline Methodology

The baseline carbon emission factor will be calculated using UNFCCC consolidated methodology ACM0002.

Additionality

The additionality will be demonstrated using the “CDM Tool for Additionality”. The barrier analysis method will be used.

Why we purchased it?

Gold Standard VER ensures the highest quality assurance label on the voluntary carbon market. It ensures that the project contributes to sustainable development and is fully accepted by stakeholders.

Essent Trading is responsible for leading the project through the Gold Standard VER cycle to ensure full compliance with Gold Standard requirements and issuance of GS VERs into the GS VER Registry.

Buy Gold Standard VERs from this project

To purchase Gold Standard VERs from this project you can:

• Log on to Essent Xpress (for registered users only or register now)
• Or contact us directly at: carbon@essenttrading.com