Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
21 Oct
11.90
22 Oct
10.73
23 Oct
10.57
24 Oct
10.75
25 Oct
10.74
26 Oct
10.73
27 Oct
10.73
28 Oct
11.24
29 Oct
11.04
30 Oct
11.33
31 Oct
11.13
01 Nov
10.13
02 Nov
13.14
03 Nov
14.90
21 Oct
12.98
22 Oct
12.90
23 Oct
12.75
24 Oct
12.64
25 Oct
12.54
26 Oct
12.50
27 Oct
12.46
28 Oct
12.45
29 Oct
12.49
30 Oct
12.46
31 Oct
12.37
01 Nov
12.27
02 Nov
12.26
03 Nov
12.33
21 Oct
15.85
22 Oct
15.76
23 Oct
15.64
24 Oct
15.54
25 Oct
15.44
26 Oct
15.36
27 Oct
15.28
28 Oct
15.22
29 Oct
15.16
30 Oct
15.10
31 Oct
15.09
01 Nov
15.02
02 Nov
14.97
03 Nov
14.96
21 Oct
19,250
22 Oct
28,320
23 Oct
32,250
24 Oct
31,000
25 Oct
30,200
26 Oct
29,760
27 Oct
28,714
28 Oct
23,114
29 Oct
25,714
30 Oct
20,814
31 Oct
23,564
01 Nov
30,364
02 Nov
38,364
03 Nov
39,520
Dec 25
3.75
Jan 26
2.97
Feb 26
31.73
Mar 26
11.51
Apr 26
14.07
May 26
10.05
Jun 26
10.31
Jul 26
10.09
Aug 26
9.07
Sep 26
8.50
Oct 26
8.00
Nov 26
8.61
Dec 26
8.07
Jan 27
8.13
21 Oct
2.40
22 Oct
1.45
23 Oct
49.31
24 Oct
2.02
25 Oct
0.80
26 Oct
1.87
27 Oct
10.75
28 Oct
39.78
29 Oct
9.47
30 Oct
3.71
31 Oct
2.04
01 Nov
5.09
02 Nov
4.09
03 Nov
71.68
21 Oct
2.73
22 Oct
1.69
23 Oct
55.32
24 Oct
2.33
25 Oct
0.90
26 Oct
2.08
27 Oct
11.76
28 Oct
43.49
29 Oct
10.70
30 Oct
4.32
31 Oct
2.26
01 Nov
5.47
02 Nov
4.49
03 Nov
83.60
21 Oct
2.32
22 Oct
1.39
23 Oct
6.36
24 Oct
1.92
25 Oct
0.92
26 Oct
1.85
27 Oct
10.45
28 Oct
38.37
29 Oct
9.00
30 Oct
3.49
31 Oct
1.98
01 Nov
4.90
02 Nov
3.97
03 Nov
67.54
21 Oct
221.7
22 Oct
220.9
23 Oct
215.8
24 Oct
211.2
25 Oct
199.1
26 Oct
195.2
27 Oct
207.4
28 Oct
225.1
29 Oct
221.8
30 Oct
217.7
31 Oct
212.4
01 Nov
198.3
02 Nov
198.5
03 Nov
215.9
22 Oct
0
23 Oct
0
24 Oct
0
25 Oct
0
26 Oct
0
27 Oct
0
28 Oct
1000
29 Oct
1274
30 Oct
2600
31 Oct
0
01 Nov
0
02 Nov
0
03 Nov
830
04 Nov
0
21 Oct
0.00
22 Oct
0.00
23 Oct
0.00
24 Oct
0.00
25 Oct
0.00
26 Oct
0.00
27 Oct
0.00
28 Oct
0.00
29 Oct
0.00
30 Oct
0.00
31 Oct
0.00
01 Nov
0.00
02 Nov
0.00
03 Nov
0.00
21 Oct
56.64
22 Oct
56.64
23 Oct
56.62
24 Oct
56.60
25 Oct
56.60
26 Oct
56.43
27 Oct
56.33
28 Oct
56.33
29 Oct
56.33
30 Oct
56.22
31 Oct
56.08
01 Nov
56.02
02 Nov
56.00
03 Nov
55.72
21 Oct
56.77
22 Oct
56.77
23 Oct
56.76
24 Oct
56.76
25 Oct
56.76
26 Oct
56.76
27 Oct
56.76
28 Oct
56.76
29 Oct
56.76
30 Oct
56.73
31 Oct
56.67
01 Nov
56.67
02 Nov
56.67
03 Nov
56.54
22 Oct
23.72
23 Oct
24.80
24 Oct
21.55
25 Oct
23.37
26 Oct
24.05
27 Oct
22.00
28 Oct
22.86
29 Oct
23.03
30 Oct
25.15
31 Oct
26.48
01 Nov
28.00
02 Nov
19.62
03 Nov
20.86
04 Nov
22.92
22 Oct
98.33
23 Oct
98.21
24 Oct
99.01
25 Oct
98.47
26 Oct
98.52
27 Oct
98.91
28 Oct
98.27
29 Oct
98.61
30 Oct
98.43
31 Oct
98.50
01 Nov
98.44
02 Nov
98.29
03 Nov
97.45
04 Nov
97.32
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2025 Nov | 2025 Dec | 2026 Jan | 2026 May | 2026 Jun | 2026 Jul |
| $0.09 | $0.25 | $0.53 | $1.61 | $1.37 | $1.54 |
BEN ➔ HAY (OPT)
| 2025 Nov | 2025 Dec | 2026 Jan | 2026 May | 2026 Jun | 2026 Jul |
| $3.37 | $3.75 | $2.97 | $10.05 | $10.31 | $10.09 |
Total bids awarded
Latest Auction Stats
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Last updated 12 p.m. 24 Oct 2025
November: Primary
Wed, 12, November 2025
12p.m. - 4:30PM
November: Primary
Wed, 12, November 2025
12PM - 4:30PM
- Dec 2027
- Nov 2027
- Oct 2027
- Feb 2027
- Jan 2027
- Dec 2026
November: Variation
Wed, 19, November 2025
12p.m. - 4:30PM
November: Variation
Wed, 19, November 2025
12PM - 4:30PM
- Aug 2026
- Jul 2026
- Jun 2026
- Feb 2026
- Jan 2026
- Dec 2025
Auction Results available by 4pm the following day
Last updated 12 p.m. 24 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