Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
24 Sep
13.69
25 Sep
11.16
26 Sep
11.14
27 Sep
11.13
28 Sep
9.33
29 Sep
12.44
30 Sep
16.25
01 Oct
12.33
02 Oct
13.48
03 Oct
14.12
04 Oct
13.77
05 Oct
13.83
06 Oct
14.09
07 Oct
13.71
24 Sep
15.02
25 Sep
14.80
26 Sep
14.65
27 Sep
14.43
28 Sep
14.13
29 Sep
14.07
30 Sep
14.11
01 Oct
14.05
02 Oct
13.93
03 Oct
13.88
04 Oct
13.73
05 Oct
13.54
06 Oct
13.47
07 Oct
13.33
24 Sep
16.21
25 Sep
16.16
26 Sep
16.10
27 Sep
16.12
28 Sep
16.05
29 Sep
16.05
30 Sep
16.08
01 Oct
16.09
02 Oct
16.08
03 Oct
16.05
04 Oct
16.05
05 Oct
16.05
06 Oct
16.04
07 Oct
16.05
24 Sep
15,150
25 Sep
20,920
26 Sep
21,950
27 Sep
20,950
28 Sep
25,450
29 Sep
12,170
30 Sep
6,470
01 Oct
16,050
02 Oct
16,650
03 Oct
19,400
04 Oct
17,750
05 Oct
12,250
06 Oct
16,500
07 Oct
14,650
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
8.38
Dec 26
9.13
23 Sep
50.23
24 Sep
81.67
25 Sep
11.73
26 Sep
8.05
27 Sep
5.89
28 Sep
0.54
29 Sep
10.84
30 Sep
3.22
01 Oct
61.99
02 Oct
149.73
03 Oct
107.06
04 Oct
53.85
05 Oct
43.76
06 Oct
88.37
23 Sep
53.94
24 Sep
86.69
25 Sep
12.40
26 Sep
8.71
27 Sep
6.23
28 Sep
0.56
29 Sep
11.43
30 Sep
3.40
01 Oct
65.40
02 Oct
157.70
03 Oct
117.05
04 Oct
54.64
05 Oct
45.19
06 Oct
98.67
23 Sep
48.56
24 Sep
77.82
25 Sep
12.20
26 Sep
9.89
27 Sep
5.75
28 Sep
0.68
29 Sep
10.69
30 Sep
3.22
01 Oct
60.69
02 Oct
144.04
03 Oct
101.91
04 Oct
53.33
05 Oct
42.82
06 Oct
83.85
24 Sep
231.0
25 Sep
229.1
26 Sep
229.8
27 Sep
209.3
28 Sep
200.0
29 Sep
219.4
30 Sep
225.4
01 Oct
231.9
02 Oct
237.8
03 Oct
224.9
04 Oct
207.5
05 Oct
208.9
06 Oct
223.9
07 Oct
223.9
25 Sep
2200
26 Sep
0
27 Sep
0
28 Sep
0
29 Sep
1218
30 Sep
302
01 Oct
500
02 Oct
1332
03 Oct
0
04 Oct
0
05 Oct
0
06 Oct
4787
07 Oct
3000
08 Oct
0
24 Sep
0.00
25 Sep
0.00
26 Sep
0.00
27 Sep
0.00
28 Sep
0.00
29 Sep
0.00
30 Sep
0.00
01 Oct
0.00
02 Oct
0.00
03 Oct
0.00
04 Oct
0.00
05 Oct
0.00
06 Oct
0.00
07 Oct
0.00
24 Sep
57.14
25 Sep
57.24
26 Sep
57.25
27 Sep
57.30
28 Sep
57.37
29 Sep
57.34
30 Sep
57.34
01 Oct
57.33
02 Oct
57.34
03 Oct
57.34
04 Oct
57.34
05 Oct
57.35
06 Oct
57.36
07 Oct
57.36
24 Sep
57.15
25 Sep
57.18
26 Sep
57.14
27 Sep
57.14
28 Sep
57.14
29 Sep
57.13
30 Sep
57.13
01 Oct
57.13
02 Oct
57.13
03 Oct
57.13
04 Oct
57.13
05 Oct
57.13
06 Oct
57.12
07 Oct
57.12
25 Sep
46.03
26 Sep
43.14
27 Sep
44.70
28 Sep
48.11
29 Sep
49.88
30 Sep
51.36
01 Oct
41.11
02 Oct
58.50
03 Oct
45.33
04 Oct
29.38
05 Oct
31.23
06 Oct
38.10
07 Oct
31.42
08 Oct
28.43
25 Sep
93.36
26 Sep
94.09
27 Sep
94.06
28 Sep
93.57
29 Sep
93.01
30 Sep
93.67
01 Oct
96.73
02 Oct
94.91
03 Oct
96.43
04 Oct
98.39
05 Oct
98.08
06 Oct
96.94
07 Oct
97.36
08 Oct
98.40
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2025 Oct | 2025 Nov | 2025 Dec | 2026 Apr | 2026 May | 2026 Jun |
| $0.82 | $0.89 | $0.89 | $1.68 | $1.92 | $1.96 |
BEN ➔ HAY (OPT)
| 2025 Oct | 2025 Nov | 2025 Dec | 2026 Apr | 2026 May | 2026 Jun |
| $5.08 | $5.00 | $4.81 | $14.07 | $10.80 | $10.62 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 10 a.m. 29 Sep 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 4pm the following day
Last updated 10 a.m. 29 Sep 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