“Recent drier conditions and lower inflows have allowed operators to reduce the volumes being released from Lake Hume, Lake Eildon and Lake Eppalock,” Mark Bailey said.
“The release from Lake Eildon is now meeting downstream operating requirements.”
Updating the 2023-24 risk of spill information on Thursday, August 10, Dr Bailey said “the risk of spill in the Murray, Goulburn and Campaspe systems remains at 100 per cent”.
“Storage releases to manage the rate of fill continued through July and into August,” he said.
“The releases mean deductions from spillable water accounts in all three systems. The volumes will be confirmed in the August 15 seasonal determination announcement.”
The risk of spill assessment refers to water accounting only and does not describe the chances of flooding this season.
Trading opportunities
Allocation trade from NSW 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 Victoria’s share of the both Hume and Dartmouth reservoirs below 50 per cent.
As Victoria’s share of Hume and Dartmouth is close to full, trade from NSW to Victoria is not possible. The volume available for trade is updated with each risk of spill announcement.
The risk of spill in the Murray, Goulburn and Campaspe systems in 2023-24 will be updated on Monday, September 11.
For information about seasonal determinations and resource availability, visit www.nvrm.net.au
Visit www.mdba.gov.au/river-information/water-sharing for Victorian shares of Murray storages.