Low Risk of spill declared in the Campaspe System

 Wednesday 10 January, 2018

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 .

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