Murray-Darling Basin
17.17 Decrease of inter-region claim on water
Supporting Information
The Line item applies only to the Southern Basin of the Murray–Darling Basin (MDB) region. The volumetric value for the line item for the 2010–11 year was 765,817 ML. The value represents decreases to the required annual release (RAR) by Snowy Hydro Limited (see line item 1.5 for more details about RAR). Decreases to the RAR include repayments of Snowy water deals, reductions in RAR due to Snowy River deals and the Snowy Water Licence reduction volume agreed between parties in the 2010–11 year.
Description | Tumut River (ML) |
River Murray (ML) |
Total (ML) |
Repayment of water deals | 176,157 | 205,660 | 381,817 |
Reduction in RAR for Snowy River deals (Mowamba) | 28,000 | 28,000 | 56,000 |
Snowy Water Licence – Reduction agreed between parties for the 2010–11 year | 328,000 | – | 328,000 |
Decrease of claims against Snowy Hydro | 532,157 | 233,660 | 765,817 |
Events that increase the claims against Snowy Hydro are shown under line item 9.15 Increase of inter-region claim on water.
Quantification Approach
Data Source
Provided by
Method
Snowy Hydro required annual release at the beginning of the Snowy Water Year (01 May) is based on the calculations in the Snowy Water Licence.
Quantification method was not available for the water audit monitoring data received for this line item.
Assumptions, Limitations, Caveats and Approximations
Snowy Hydro Claim: numbers were estimated at the commencement of the water year, and subject to revision and confirmation at the end of the year.
Uncertainty Information
Comparative year
This line item corresponds to line item 24.1 Adjustment and forfeiture on interbasin claim over water in other regions, reported in the 2010 Account. In the 2011 Account, the following change was made that caused the 2009–10 year value to be restated:
Improved data sets were made available after the publication of the 2010 Account. Restatement of the value published in the 2010 Account was made as the difference was material and increased the accuracy of the information provided to the users of the National Water Account.
The changes and their respective values are detailed in the following table.
2010 Account line items | Segment |
Volume for the 2009–10 year reported in the 2010 Account (ML) |
Difference due to prior period error correction (ML) |
Volume for the 2009–10 year reported in the 2011 Account (ML) |
24.1 Adjustment and forfeiture on interbasin claim over water in other regions | Northern Basin | 0 |
0 |
0 |
Southern Basin | 0 |
3,000 |
3,000 |
|
Whole region | 0 |
3,000 |
3,000 |