Why do we need a reserve policy?
So you can plan with certainty. Modeling in the NRSWS for the Goulburn System shows that with the reserve policy in place on 15 August every year, there will be:
- Starting allocations.
- System can operate to deliver allocation and carryover.
How it works
Under the policy, GMW builds reserves for the following season once allocations reach 30 per cent of High-Reliability Water Shares by assigning inflows equally to the reserve and to increasing current season allocations. Once allocations reach 50 per cent of High-Reliability Water Shares, all further inflows until 1 April are directed to building current season allocations.
The allocation policy for the Goulburn system came into effect in the 2010/11 season.