Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
15 Aug
18.87
16 Aug
21.89
17 Aug
20.43
18 Aug
22.27
19 Aug
20.89
20 Aug
24.24
21 Aug
31.01
22 Aug
43.86
23 Aug
29.46
24 Aug
19.48
25 Aug
19.78
26 Aug
18.77
27 Aug
14.75
28 Aug
17.17
15 Aug
15.75
16 Aug
16.09
17 Aug
16.37
18 Aug
16.62
19 Aug
16.77
20 Aug
16.99
21 Aug
17.36
22 Aug
18.71
23 Aug
19.11
24 Aug
19.23
25 Aug
19.36
26 Aug
19.47
27 Aug
19.42
28 Aug
19.47
15 Aug
15.83
16 Aug
15.89
17 Aug
15.92
18 Aug
16.00
19 Aug
16.02
20 Aug
16.06
21 Aug
16.18
22 Aug
16.67
23 Aug
16.79
24 Aug
16.80
25 Aug
16.82
26 Aug
16.83
27 Aug
16.79
28 Aug
16.78
15 Aug
17,900
16 Aug
22,050
17 Aug
17,700
18 Aug
21,550
19 Aug
16,014
20 Aug
15,250
21 Aug
19,900
22 Aug
32,580
23 Aug
20,100
24 Aug
14,750
25 Aug
14,270
26 Aug
13,480
27 Aug
23,670
28 Aug
18,930
Sep 25
6.00
Oct 25
5.00
Nov 25
4.29
Dec 25
4.00
Jan 26
4.86
Feb 26
31.73
Mar 26
11.51
Apr 26
13.37
May 26
10.64
Jun 26
11.37
Jul 26
10.88
Aug 26
9.07
Sep 26
8.50
Oct 26
7.90
15 Aug
182.31
16 Aug
202.37
17 Aug
193.53
18 Aug
176.77
19 Aug
200.60
20 Aug
231.36
21 Aug
232.27
22 Aug
251.06
23 Aug
214.28
24 Aug
206.06
25 Aug
188.62
26 Aug
176.67
27 Aug
180.70
28 Aug
140.59
15 Aug
193.13
16 Aug
210.46
17 Aug
194.87
18 Aug
185.00
19 Aug
209.67
20 Aug
236.38
21 Aug
237.79
22 Aug
252.19
23 Aug
206.96
24 Aug
197.94
25 Aug
185.06
26 Aug
174.28
27 Aug
182.56
28 Aug
145.55
15 Aug
176.09
16 Aug
197.95
17 Aug
189.70
18 Aug
174.62
19 Aug
198.71
20 Aug
230.76
21 Aug
229.11
22 Aug
245.74
23 Aug
214.45
24 Aug
206.38
25 Aug
185.73
26 Aug
174.46
27 Aug
178.19
28 Aug
140.07
15 Aug
248.0
16 Aug
234.0
17 Aug
226.8
18 Aug
248.1
19 Aug
264.8
20 Aug
266.3
21 Aug
259.3
22 Aug
254.9
23 Aug
237.4
24 Aug
231.5
25 Aug
243.5
26 Aug
241.2
27 Aug
241.8
28 Aug
237.9
16 Aug
0
17 Aug
0
18 Aug
1500
19 Aug
0
20 Aug
0
21 Aug
0
22 Aug
0
23 Aug
0
24 Aug
0
25 Aug
0
26 Aug
1000
27 Aug
2150
28 Aug
1000
29 Aug
0
15 Aug
0.00
16 Aug
0.00
17 Aug
0.00
18 Aug
0.00
19 Aug
0.00
20 Aug
0.00
21 Aug
0.00
22 Aug
0.00
23 Aug
0.00
24 Aug
0.00
25 Aug
0.00
26 Aug
0.00
27 Aug
0.00
28 Aug
0.00
15 Aug
56.74
16 Aug
56.74
17 Aug
56.67
18 Aug
56.55
19 Aug
56.54
20 Aug
56.49
21 Aug
56.49
22 Aug
56.49
23 Aug
56.49
24 Aug
56.49
25 Aug
56.50
26 Aug
56.50
27 Aug
56.50
28 Aug
56.45
15 Aug
56.14
16 Aug
56.14
17 Aug
56.14
18 Aug
56.15
19 Aug
56.17
20 Aug
56.54
21 Aug
56.55
22 Aug
56.55
23 Aug
56.55
24 Aug
56.55
25 Aug
56.55
26 Aug
56.55
27 Aug
56.55
28 Aug
56.54
16 Aug
70.34
17 Aug
69.34
18 Aug
70.86
19 Aug
83.77
20 Aug
92.69
21 Aug
93.07
22 Aug
99.19
23 Aug
125.05
24 Aug
128.29
25 Aug
122.85
26 Aug
116.01
27 Aug
113.21
28 Aug
90.24
29 Aug
66.59
16 Aug
87.76
17 Aug
88.21
18 Aug
88.81
19 Aug
86.98
20 Aug
86.01
21 Aug
86.26
22 Aug
86.12
23 Aug
82.89
24 Aug
82.26
25 Aug
83.05
26 Aug
83.69
27 Aug
84.16
28 Aug
86.75
29 Aug
89.76
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2025 Sep | 2025 Oct | 2025 Nov | 2026 Mar | 2026 Apr | 2026 May |
| $0.99 | $1.12 | $0.95 | $1.81 | $1.51 | $1.72 |
BEN ➔ HAY (OPT)
| 2025 Sep | 2025 Oct | 2025 Nov | 2026 Mar | 2026 Apr | 2026 May |
| $6.00 | $5.00 | $4.29 | $11.51 | $13.37 | $10.64 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 4 p.m. 22 Aug 2025
September: Primary
Wed, 10, September 2025
12p.m. - 4:30PM
September: Primary
Wed, 10, September 2025
12PM - 4:30PM
- Oct 2026
- Nov 2026
- Dec 2026
- Jul 2027
- Aug 2027
- Sep 2027
September: Variation
Wed, 17, September 2025
12p.m. - 4:30PM
September: Variation
Wed, 17, September 2025
12PM - 4:30PM
- Oct 2025
- Nov 2025
- Dec 2025
- Jun 2026
- May 2026
- Apr 2026
Auction Results available 4pm the following day
Last updated 4 p.m. 22 Aug 2025
The FTR market commenced in 2013, following significant industry consultation and development of Code requirements.
Energy Market Services was appointed by the Electricity Authority as the FTR Manager Service Provider to implement the FTR auction system and operate the market.
BENEFITS FOR YOUR BUSINESS:
- manage locational price risk in a nodal market
- manage your future risk out to 26 months
- manage locational price risk associated with traditional hedge products
- underwrite or support other risk management products
- a portfolio of FTRs can offset NZX prudential requirements
- expand your retail business to new geographic areas
- participation is free
- monthly auctions