Water risk boils down to whether there is enough usable water for a property’s needs and will there be enough water for those needs in the future. However, No one data source can predict water risk. There are multiple perspectives to looking at water risk and all must be evaluated to provide the complete water risk picture. AQUAOSO provides connected data and advanced analysis providing insight from all water risk perspectives to empower you in making smarter decisions.
Evaluating water supplies is one piece of the water risk analysis puzzle. An understanding of current and historical water supply for a water district or parcel provides insight into amounts of potentially available water. Surface water supply will often fluctuate depending on climate and indirectly indicate additional water risks. For example, In drought conditions, the surface water supply for many properties reduces significantly necessitating access to alternative, sometimes costly supplies of groundwater or imported water.
Low historical surface water supply can also predict groundwater reliance. Less availability of surface water may indicate that an area relies more heavily on groundwater or imported water. However, understanding the water demand is necessary to put the amount of water supply into context. To answer the question is there enough water there must be data on water supply and water demand.
Water demand for agricultural operations requires applied water data and crop data. Demands can be estimated by county, water district, subbasin, parcel, or other boundary. Each political and property boundary assists in organizing data and provides various views of water demand throughout the state. The maps on the next page are an example of water demand in agricultural regions within water district boundaries and another example of the water demand overlaying water district boundaries with high amounts of permanent crops. The maps represent a demand focused perspective without attaching supply numbers. The permanent crops typically demand higher amounts of water and are costly to fallow. By looking at two demand metrics and combining the water supply perspective discussed above, there is a better picture of where water risk is very high and where it is low. You can see the power of combining perspectives!
Supply and Demand data provide a nice equation for how much water is available for a specific need. However, in an uncertain climate and regulatory environment, those calculations alone are not enough to determine water risk. Additional perspectives are required to answer the question of will there be enough water in the near-future.
Overall Risk Perspective
With a foundation of supply and demand data, there are a host of other factors that impact water risk. Additionally, knowing whether there is a water risk in the near future that may impact your business is invaluable.
Connected data provides the multiple perspectives needed to properly identify, understand, monitor, and mitigate water risk.
AQUAOSO looks at groundwater, water quality, infrastructure, and the big picture to provide an overall water risk analysis for one property or a whole portfolio. With the assistance of technology, connections between data points, sets, and narratives are made with a focus on water risk. Datasets from the public and our trusted partners provide AQUAOSO the ability to integrate data silos into a network of actionable insights for your organization. Those integrations provide the basis for stress testing and predictive analytics. From small operations to large conglomerates, water risk is a real business risk requiring technology and water expertise. AQUAOSO has both the technology and expertise necessary to give you the overall risk perspective needed to make good, timely decisions.
Contact us today to learn more about how we are assisting organizations like yours!