Increase in Campaspe and Loddon system seasonal determinations
| Announcement Date: |
15 Mar 2016 |
| Next Announcement Due: |
1 Apr 2016 |
| 2016/2017 Determination Outlook: |
16 May 2016 |
Determination Data
Seasonal determinations for northern Victoria regulated river systems.
| Murray |
100% |
0% |
0% |
Declared 10 September 2015 |
| Broken |
26% |
0% |
0% |
- |
| Goulburn |
90% |
0% |
0% |
Declared 1 July 2015 |
| Campaspe |
65% |
+1% |
0% |
Declared 1 July 2015 |
| Loddon |
82% |
+2% |
0% |
- |
| Bullarook Creek |
8% |
0% |
0% |
- |
Further Information
The Resource Manager for northern Victoria today announced an increase in 2015/16 seasonal determinations in the Campaspe and Loddon system.
The Campaspe system increases by one per cent to 65 per cent of high-reliability water shares (HRWS). The Loddon system increases by two per cent to 82 per cent HRWS.
Seasonal determinations in the Murray, Broken, Goulburn and Bullarook systems remain unchanged.
“Despite warm and dry conditions over the past fortnight, evaporation and river losses have been slightly lower than expected in the Campaspe and Loddon systems. This enabled the small seasonal determination increases to be announced today,” Resource Manager for northern Victoria Mark Bailey said.
“Inflows to the major storages remain very low.”
Trading Opportunities
The Goulburn system’s inter-valley trade (IVT) account owes about 43 GL to the Murray system on March 15. The Goulburn, Campaspe and Loddon systems can trade to the Victorian Murray system, New South Wales and South Australia while the total volume owed to the Murray system is less than 200 GL.
The Goulburn, Campaspe and Loddon systems can trade from the Victorian Murray system, New South Wales and South Australia while the total volume owed to the Murray system is greater than zero.
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 spill risk limit allows more than 200 GL of trade, and so the net annual volume of 200 GL applies unless advised otherwise. There is currently about 12 GL of capacity available to trade from New South Wales to Victoria.
Customers participating in the water trading market can monitor trade availability on the Water Register website.
Standard Murray-Darling Basin Authority policy prohibits the net trade of allocations from above the Barmah Choke to downstream to protect delivery of downstream water entitlements. However, there is currently about 157 GL of capacity available to trade from upstream to downstream. Customers can monitor trading opportunities across the Barmah Choke on the Murray-Darling Basin Authority website.
Upcoming Resource Manager Announcements
- The last seasonal determination announcement for 2015/16 will be released on Friday, April 1, 2016. The outlook for seasonal determinations in 2016/17 will be updated on Monday, May 16, 2016.
- The outlook for seasonal determinations in 2016/17 will be updated on Monday 16 May
For information about the Resource Manager for northern Victorian regulated water systems, including seasonal determinations, resource availability and carryover volumes, please visit www.nvrm.net.au. The status of Victorian shares of Murray storages is available at the MDBA website.
Information about El Niño is available from the Bureau of Meteorology.
Details of the March to May rainfall outlook are available from www.bom.gov.au/climate/outlooks and seasonal streamflow forecasts are available at http://www.bom.gov.au/water/ssf/index.shtml.