Optimal: Review of the Benchmark Period is The effort required for this activity progressed around 2019 when key aspects of the Modelling review the Benchmark may be significant as there are – Basin Plan are implemented. 3.3 Period. implications on changes to the Reduced: The existing Benchmark Period remains in salinity registers. place and is reviewed at a later stage. The value of such a review will depend upon the BSM2030 defining a clear future role for the salinity cost effect in managing Optimal: A clear direction for the future role of cost accountabilities under the salinity functions is established during the development of the registers. Modelling review and update of the BSM2030 and they are updated if necessary. – 3.4 cost functions. The resources required to maintain Reduced: Use of cost functions continue in current parameters behind the cost form. functions and to update them regularly is high, and there may be implications from an update for the register balance of jurisdictions. Optimal: The BSM2030 is developed consistent with the revised Schedule B and salinity aspects of the Relevant to Schedule B review and 3.5 An updated accountability framework. Basin Plan. for consideration by mid-2015. Reduced: not applicable
3.3 Modelling – review the Benchmark Period. Optimal: Review of the Benchmark Period is progressed around 2019 when key aspects of the Basin Plan are implemented. Reduced: The existing Benchmark Period remains in place and is reviewed at a later stage. The effort required for this activity may be significant as there are implications on changes to the salinity registers. 3.4 Modelling – review and update of the cost functions. Optimal: A clear direction for the future role of cost functions is established during the development of the BSM2030 and they are updated if necessary. Reduced: Use of cost functions continue in current form. The value of such a review will depend upon the BSM2030 defining a clear future role for the salinity cost effect in managing accountabilities under the salinity registers. The resources required to maintain parameters behind the cost functions and to update them regularly is high, and there may be implications from an update for the register balance of jurisdictions. 3.5 An updated accountability framework. Optimal: The BSM2030 is developed consistent with the revised Schedule B and salinity aspects of the Basin Plan. Reduced: not applicable Relevant to Schedule B review and for consideration by mid-2015.