2017/18 Risk of Spill Announcements

10 January 2018 - Low risk of spill declared in the Campaspe System

The Resource Manager for northern Victoria today declared a low risk of spill in the Campaspe system.

Resource Manager for northern Victoria Mark Bailey said the risk of spill in the Campaspe system during 2017/18 was now below the 10 per cent threshold needed for a declaration to be made.

“The risk of spill from the Goulburn-Murray Water share of Lake Eppalock this year is now less than 10 per cent,” Dr Bailey said.

“Water currently held in spillable water accounts in the Campaspe system will be made available to entitlement holders for use or trade."

Dr Bailey said the risk of spill assessment did not describe the chances of flooding this season.

“The risk of spill is a water accounting assessment,” Dr Bailey said.

“It 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 200 GL of net trade from New South Wales to Victoria.

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

Next announcement on risk of spill

The next announcement on the risk of spill and its effect on water availability will refer to the 2018/19 water year. The first risk of spill assessment in the Murray, Goulburn and Campaspe systems for the 2018/19 season will be announced on Monday July 2, 2018.

For information about the Resource Manager for northern Victorian regulated water systems, including seasonal determinations and resource availability, please visit www.nvrm.net.au.

 

11 December 2017 - No change to risk of spill in the Campaspe system

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

Resource Manager for northern Victoria Mark Bailey said the risk of spill in the Campaspe system during 2017/18 remained above the 10 per cent threshold needed for a declaration to be made.

“The risk of spill from Lake Eppalock in the Campaspe system is about 20 per cent,” Dr Bailey said.

“No spills have occurred from Lake Eppalock so far this year.”

Dr Bailey said the risk of spill assessment did not describe the chances of flooding this season.

“The risk of spill is a water accounting assessment,” Dr Bailey said.

“It 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 200 GL of net trade from New South Wales to Victoria.

Customers participating in the water trading market can monitor trade availability on the Victorian Water Register website, waterregister.vic.gov.au/water-trading/allocation-trading.

Next announcement on risk of spill

The risk of spill in the Campaspe system will be updated on Wednesday January 10, 2018.

For information about the Resource Manager for northern Victorian regulated water systems, including seasonal determinations and resource availability, please visit www.nvrm.net.au.

The status of Victorian shares of Murray storages is available at http://www.mdba.gov.au/river-information/water-sharing.

 

10 November 2017 - Low risk of spill declared in the Murray system

The Resource Manager for northern Victoria today declared a low risk of spill in the Murray system.

Resource Manager for northern Victoria Mark Bailey said the risk of spill in the Murray system during 2017/18 was now below 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 is about 3 per cent,” Dr Bailey said.

“The declaration follows relatively low inflows during October. Lake Hume is now slowly falling as releases for downstream irrigation and environmental demands occur.

“No spills occurred from the Victorian share of Lake Hume during October.

“All water remaining in spillable water accounts in the Murray system will be made available to entitlement holders for use or trade.”

The risk of spill in the Campaspe system during 2017/18 remained above the 10 per cent threshold needed to declare a low risk of spill.

“The risk of spill from Lake Eppalock in the Campaspe system is about 17 per cent,” said Dr Bailey. “No spills have occurred from Lake Eppalock so far this year.”

Dr Bailey said the risk of spill assessment did not describe the chances of flooding this season.

“The risk of spill is a water accounting assessment,” Dr Bailey said.

“It 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 200 GL of net trade from New South Wales to Victoria.

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

Next announcement on risk of spill

The risk of spill in the Campaspe system will be updated on Monday December 11, 2017.

For information about the Resource Manager for northern Victorian regulated water systems, including seasonal determinations and resource availability, please visit www.nvrm.net.au .

The status of Victorian shares of Murray storages is available at Murray Darling Basin Authority website.

 

10 October 2017 - Risk of spill update for Murray and Campaspe systems

The Resource Manager for northern Victoria today updated the risk of spill in the Murray and Campaspe systems.

The risk of spill in the Murray and Campaspe systems during 2017/18 remained above the 10 per cent threshold needed to declare a low risk of spill.

Resource Manager Dr Mark Bailey said the risk of spill from Lake Hume remained at 100 per cent.

“Victoria’s share of Lake Hume stayed full throughout September. This means that Victoria could not store additional water that flowed into its share of Lake Hume,” Dr Bailey said.

“There will be a deduction from spillable water accounts in the Murray system. The volume and percentage deducted will be confirmed in the seasonal determination announcement on October 16.

“The risk of spill from Lake Eppalock in the Campaspe system is about 22 per cent,” Dr Bailey said..

“No spills have occurred from Lake Eppalock so far this year.”

Dr Bailey said the risk of spill assessment did not describe the chances of flooding in the Murray or Campaspe systems this season.

“The risk of spill is a water accounting assessment,” he said.

“It 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. Trade from New South Wales to Victoria is currently limited to the volume traded from Victoria to New South Wales because the risk of spill in the Murray system is above 50 per cent.

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

Next announcement on risk of spill

The risk of spill in the Murray and Campaspe systems will be updated on Friday November 10, 2017.

For information about the Resource Manager for northern Victorian regulated water systems, including seasonal determinations and 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.

 

11 September 2017 - Risk of spill update for Murray and Campaspe systems

Resource Manager for northern Victoria Mark Bailey today updated the risk of spill in the Murray and Campaspe systems.

The risk of spill in the Murray and Campaspe systems during 2017/18 remained above the 10 per cent threshold needed to declare a low risk of spill.

“Victoria’s share of Lake Hume filled in August. This means that Victoria does not have the ability to store additional water that flows into its share of Lake Hume,” Dr Bailey said.

“There will be a deduction from spillable water accounts in the Murray system. The volume and percentage deducted will be confirmed in the seasonal determination announcement on September 15.

“The risk of spill from Lake Eppalock in the Campaspe system is about 42 per cent.”

Dr Bailey said the risk of spill assessment did not describe the chances of flooding in the Murray or Campaspe systems this season.

“The risk of spill is a water accounting assessment,” Dr Bailey said.

“It 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.

Trade from New South Wales to Victoria is currently limited to the volume traded from Victoria to New South Wales because the risk of spill in the Murray system is above 50 per cent.

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

Next announcement on risk of spill

The risk of spill in the Murray and Campaspe systems will be updated on Tuesday October 10, 2017.

For information about the Resource Manager for northern Victorian regulated water systems, including seasonal determinations and 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.