Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
07 Oct
13.71
08 Oct
14.33
09 Oct
14.30
10 Oct
14.28
11 Oct
13.36
12 Oct
13.46
13 Oct
12.07
14 Oct
13.51
15 Oct
13.91
16 Oct
13.92
17 Oct
13.66
18 Oct
13.13
19 Oct
13.12
20 Oct
10.00
07 Oct
13.33
08 Oct
13.26
09 Oct
13.30
10 Oct
13.50
11 Oct
13.57
12 Oct
13.48
13 Oct
13.35
14 Oct
13.29
15 Oct
13.26
16 Oct
13.25
17 Oct
13.23
18 Oct
13.20
19 Oct
13.19
20 Oct
13.06
07 Oct
16.05
08 Oct
16.03
09 Oct
16.03
10 Oct
16.00
11 Oct
16.06
12 Oct
16.05
13 Oct
16.00
14 Oct
15.98
15 Oct
15.98
16 Oct
16.01
17 Oct
16.04
18 Oct
16.01
19 Oct
15.98
20 Oct
15.92
07 Oct
14,650
08 Oct
22,950
09 Oct
20,875
10 Oct
19,750
11 Oct
24,720
12 Oct
22,750
13 Oct
19,950
14 Oct
17,750
15 Oct
18,905
16 Oct
16,750
17 Oct
19,750
18 Oct
24,750
19 Oct
22,750
20 Oct
20,080
Nov 25
5.00
Dec 25
4.81
Jan 26
4.86
Feb 26
31.73
Mar 26
11.51
Apr 26
14.07
May 26
10.80
Jun 26
10.62
Jul 26
10.88
Aug 26
9.07
Sep 26
8.50
Oct 26
8.00
Nov 26
8.61
Dec 26
8.07
06 Oct
88.37
07 Oct
67.98
08 Oct
19.56
09 Oct
23.46
10 Oct
5.54
11 Oct
1.14
12 Oct
3.52
13 Oct
49.41
14 Oct
57.82
15 Oct
26.51
16 Oct
8.96
17 Oct
22.44
18 Oct
0.69
19 Oct
0.27
06 Oct
98.67
07 Oct
78.04
08 Oct
22.54
09 Oct
27.68
10 Oct
6.37
11 Oct
1.30
12 Oct
3.92
13 Oct
54.35
14 Oct
64.31
15 Oct
28.84
16 Oct
9.69
17 Oct
24.05
18 Oct
0.73
19 Oct
0.28
06 Oct
83.85
07 Oct
64.95
08 Oct
18.70
09 Oct
22.50
10 Oct
5.39
11 Oct
1.13
12 Oct
3.41
13 Oct
47.82
14 Oct
55.97
15 Oct
25.62
16 Oct
8.37
17 Oct
21.21
18 Oct
1.04
19 Oct
0.29
07 Oct
223.9
08 Oct
220.3
09 Oct
220.5
10 Oct
214.5
11 Oct
198.2
12 Oct
198.0
13 Oct
223.0
14 Oct
227.8
15 Oct
224.0
16 Oct
224.0
17 Oct
220.3
18 Oct
204.3
19 Oct
200.3
20 Oct
221.6
08 Oct
359
09 Oct
0
10 Oct
0
11 Oct
0
12 Oct
0
13 Oct
0
14 Oct
937
15 Oct
1400
16 Oct
1500
17 Oct
10000
18 Oct
0
19 Oct
0
20 Oct
0
21 Oct
0
07 Oct
0.00
08 Oct
0.00
09 Oct
0.00
10 Oct
0.00
11 Oct
0.00
12 Oct
0.00
13 Oct
0.00
14 Oct
0.00
15 Oct
0.00
16 Oct
0.00
17 Oct
0.00
18 Oct
0.00
19 Oct
0.00
20 Oct
0.00
07 Oct
57.36
08 Oct
57.30
09 Oct
57.25
10 Oct
57.23
11 Oct
57.22
12 Oct
57.21
13 Oct
57.17
14 Oct
57.17
15 Oct
57.17
16 Oct
57.11
17 Oct
57.03
18 Oct
57.03
19 Oct
57.03
20 Oct
56.93
07 Oct
57.12
08 Oct
57.11
09 Oct
57.08
10 Oct
57.06
11 Oct
57.04
12 Oct
57.04
13 Oct
57.04
14 Oct
57.02
15 Oct
57.02
16 Oct
57.00
17 Oct
56.97
18 Oct
56.96
19 Oct
56.96
20 Oct
56.93
08 Oct
28.03
09 Oct
27.66
10 Oct
26.64
11 Oct
24.21
12 Oct
26.33
13 Oct
26.77
14 Oct
30.35
15 Oct
28.72
16 Oct
25.84
17 Oct
27.15
18 Oct
25.03
19 Oct
27.12
20 Oct
26.70
21 Oct
26.05
08 Oct
97.90
09 Oct
98.06
10 Oct
98.18
11 Oct
98.59
12 Oct
98.22
13 Oct
97.91
14 Oct
97.04
15 Oct
97.31
16 Oct
97.86
17 Oct
97.70
18 Oct
98.10
19 Oct
97.83
20 Oct
97.69
21 Oct
98.27
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2026 Nov | 2026 Dec | 2027 Jan | 2027 Oct | 2027 Nov | 2027 Dec |
| $0.86 | $0.80 | $0.86 | $0.99 | $0.90 | $0.78 |
BEN ➔ HAY (OPT)
| 2026 Nov | 2026 Dec | 2027 Jan | 2027 Oct | 2027 Nov | 2027 Dec |
| $8.61 | $8.07 | $8.13 | $8.50 | $9.58 | $8.94 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 11 a.m. 16 Oct 2025
October: Primary
Wed, 15, October 2025
12p.m. - 4:30PM
October: Primary
Wed, 15, October 2025
12PM - 4:30PM
- Nov 2026
- Dec 2026
- Jan 2027
- Oct 2027
- Nov 2027
- Dec 2027
October: Variation
Wed, 22, October 2025
12p.m. - 4:30PM
October: Variation
Wed, 22, October 2025
12PM - 4:30PM
- Nov 2025
- Dec 2025
- Jan 2026
- May 2026
- Jun 2026
- Jul 2026
Auction Results available by 4pm the following day
Last updated 11 a.m. 16 Oct 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