Seasonal determination for 2024/25 update
The Resource Manager for northern Victoria today announced an update of 2024/25 seasonal determinations and an updated determination outlook.
The Murray system seasonal determination increases from 63 per cent of high-reliability water shares (HRWS) to 68 per cent HRWS. The Goulburn and Loddon systems increase from 69 per cent HRWS to 73 per cent.
The Campaspe system increases from 100 per cent HRWS to 100 per cent HRWS and 10 per cent of low-reliability water shares (LRWS). The Broken system increases from five per cent HRWS to eight per cent HRWS and the Bullarook system remains unchanged at zero per cent HRWS.
Resource Manager Andrew Shields said the updated carryover data contributed to most of the seasonal determination increases announced today.
“The carryover volumes in the Murray, Goulburn and Campaspe systems were slightly lower than the provisional volumes used in the opening announcement,” he said.
“This, along with higher flows into the major storages than our previous estimates, increased the amount available for allocation.”
The seasonal determinations for northern Victorian water systems on Monday, 15 July are:
| Murray |
68% |
0% |
| Broken |
8% |
0% |
| Goulburn |
73% |
0% |
| Campaspe |
100% |
10% |
| Loddon |
73% |
0% |
| Bullarook |
0% |
0% |
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 Victoria’s share of both Hume and Dartmouth reservoirs below 50 per cent. As the risk of spill from Victoria’s share of Hume and Dartmouth is currently greater than 50 per cent, allocation trade from New South Wales to Victoria is not possible. The volume available for trade is updated monthly with each risk of spill announcement.
Customers participating in the water trading market can monitor trade availability on the Water Register website
Customers can monitor trading opportunities from above the Barmah Choke to downstream of the Choke on the MDBA website
Upcoming Resource Manager Announcements
- The next 2024/25 seasonal determination announcement will be released on Thursday, 1 August 2024.
- The risk of spill in the Murray, Goulburn and Campaspe systems will be updated on Monday, 12 August 2024.