Risk of Spill

 11 July 2016 - No Change to Risk of Spill in Murray or Campaspe systems

There is no change to the risk of spill in the Murray or Campaspe systems, the Resource Manager for northern Victoria announced today.

Resource Manager for northern Victoria Mark Bailey said the risk of spill in the Murray and Campaspe systems during 2016/17 remained above the 10 per cent threshold needed for a declaration to be made.

“Based on Victoria’s share of the volume held in Lake Hume, the risk of spill in the Murray system is currently about 40 per cent. The risk of spill from Lake Eppalock in the Campaspe system is about 15 per cent,” Dr Bailey said. “The water held in spillable water accounts in the Murray and Campaspe systems remains quarantined from use or trade.”

Dr Bailey added the risk of spill assessment did not describe the chances of flooding in the Murray or Campaspe systems this season. He reminded the public that the risk of spill relates to the availability of water in spillable water accounts and does not refer to flood risks downstream of the storages.

Trading Opportunities

Allocation trade from New South Wales to Victoria is limited to the lesser of a net annual volume of 200 GL or a volume that keeps the risk of spill in the Murray system below 50 per cent. The current risk of spill limit allows 39 GL of net trade from New South Wales to Victoria.

Customers participating in the water trading market can monitor trade availability on the Water Register website.

Next announcement on risk of spill

The risk of spill in the Murray and Campaspe systems will be updated on Wednesday August 10, 2016.

For information about the Resource Manager for northern Victorian regulated water systems, including seasonal determinations, resource availability please visit www.nvrm.net.au. The status of Victorian shares of Murray storages is available at the Murray Darling Basin Authority website.