Seasonal determination update
| Announcement Date: |
4 Jan 2016 |
| Next Announcement Due: |
15 Jan 2016 |
Determination Data
Seasonal determinations for northern Victoria regulated river systems.
| Murray |
95% |
+1% |
0% |
Declared 10 September 2015 |
| Broken |
20% |
0% |
0% |
- |
| Goulburn |
84% |
+2% |
0% |
Declared 1 July 2015 |
| Campaspe |
56% |
+1% |
0% |
Declared 1 July 2015 |
| Loddon |
65% |
0% |
0% |
- |
| Bullarook Creek |
6% |
0% |
0% |
- |
Further Information
The Resource Manager for northern Victoria today announced increased 2015/16 seasonal determinations for the Murray, Goulburn and Campaspe systems.
The Murray system increases by one per cent to 95 per cent high-reliability water shares (HRWS) and the Goulburn system increases by two per cent to 84 per cent HRWS.
The Campaspe system increases by one per cent to 56 per cent HRWS.
Resource Manager Andrew Shields said seasonal determinations in the Broken, Loddon and Bullarook systems remained unchanged.
“Inflows into the Murray system have been slightly higher than forecast, which enabled today’s increase,” Mr Shields said.
“Operating requirements such as evaporation and river losses have been slightly lower than forecast in this latest assessment period in the Goulburn and Campaspe systems.”
Trading Opportunities
The Goulburn system’s inter-valley trade (IVT) account owes about 85 GL to the Murray system on January 4. 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.
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 170 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 next 2015/16 seasonal determination announcement, including an updated outlook, will be released on Friday, January 15, 2016.
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 http://www.mdba.gov.au/managing-water/water-sharing.
Information about El Niño is available from the Bureau of Meteorology at www.bom.gov.au/climate/enso.
Details of the January to March 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.