10 October 2018 - 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 2018/19 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 5 per cent,” Dr Bailey said.
“Water in spillable water accounts in the Murray system will be made available for use or trade.
“Entitlement holders can view the monthly status of state water shares in Lake Hume and the other Murray storages at the Murray-Darling Basin Authority water sharing page.
“The Resource Manager website also hosts information on the water systems such as resource availability and inflow statistics.”
Dr Bailey said the risk of spill assessment did not describe the chances of flooding in the Murray system this season.
“The risk of spill is a water accounting assessment. It does not refer to flood risks downstream of the storages," Dr Bailey said.
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 2019/20 water year.
The first risk of spill assessment in the Murray, Goulburn and Campaspe systems for the 2019/20 season will be announced on Monday July 1, 2019.
10 September 2018 - Low Risk of Spill declared in the Goulburn and Campaspe systems
Resource Manager for northern Victoria Mark Bailey today declared a low risk of spill in the Goulburn and Campaspe systems.
The risk of spill in the Murray system during 2018/19 remained above the 10 per cent threshold needed to declare a low risk of spill.
“Despite August rainfall increasing the volumes in Lake Eildon and Lake Eppalock volumes, the risk of spill in the Goulburn and Campaspe systems during 2018/19 has fallen below 10 per cent,” Dr Bailey said.
“Water in spillable water accounts in the Goulburn and Campaspe systems will be made available for use or trade.
“Victoria’s share of the volume in Lake Hume gives the Murray system a 29 per cent risk of spill.
“Water in spillable water accounts in the Murray system remains quarantined from use or trade.”
Dr Bailey said the risk of spill assessment did not describe the chances of flooding in the Murray, Goulburn or Campaspe systems this season.
“The risk of spill is a water accounting assessment. It does not refer to flood risks downstream of the storages," Dr Bailey said.
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 Murray system will be updated on Wednesday October 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 the Murray-Darling Basin Authority website.
10 August 2018 - No Change to Risk of Spill in Murray, Goulburn and Campaspe systems
There is no change to the risk of spill in the Murray, Goulburn or Campaspe systems.
Resource Manager for northern Victoria Mark Bailey said today the risk of spill in each of the Murray, Goulburn and Campaspe systems during 2018/19 remained above the 10 per cent threshold needed to declare a low risk of spill.
“Recent rainfall has added water to the Murray, Goulburn and Campaspe storages,” Dr Bailey said. “While small, the improvements have kept risks above the declaration threshold in all systems.”
“Victoria’s share of the volume in Lake Hume gives the Murray system a 44 per cent risk of spill.
“The risk of spill from Lake Eildon in the Goulburn system is about 12 per cent,” said Dr Bailey. “The risk of spill from Lake Eppalock in the Campaspe system is about 20 per cent.
“Water in spillable water accounts remains quarantined from use or trade.”
Dr Bailey said the risk of spill assessment did not describe the chances of flooding in the Murray, Goulburn or Campaspe systems this season.
“The risk of spill is a water accounting assessment. It does not refer to flood risks downstream of the storages," Dr Bailey said.
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 168 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 Murray, Goulburn and Campaspe systems will be updated on Monday September 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 here.
10 July 2018 - No change to risk of spill in Murray, Goulburn or Campaspe systems
There is no change to the risk of spill in the Murray, Goulburn or Campaspe systems.
Resource Manager for northern Victoria Mark Bailey said today the risk of spill in each of the Murray, Goulburn and Campaspe systems during 2018/19 remained above the 10 per cent threshold needed to declare a low risk of spill.
“Victoria’s share of the volume in Lake Hume gives the Murray system a 59 per cent risk of spill,” Dr Bailey said.
“The risk of spill from Lake Eildon in the Goulburn system is about 12 per cent and the risk of spill from Lake Eppalock in the Campaspe system is about 22 per cent.
“Water in spillable water accounts in the Murray, Goulburn and Campaspe systems remains quarantined from use or trade.”
Dr Bailey said the risk of spill assessment did not describe the chances of flooding in the Murray, Goulburn or Campaspe systems this season.
“The risk of spill is a water accounting assessment. It does not refer to flood risks downstream of the storages," Dr Bailey said.
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, Goulburn and Campaspe systems will be updated on Friday August 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 the Murray-Darling Basin Authority website.