Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
28 May
18.72
29 May
19.73
30 May
14.31
31 May
12.25
01 Jun
14.84
02 Jun
19.13
03 Jun
15.46
04 Jun
19.34
05 Jun
21.67
06 Jun
20.43
07 Jun
19.55
08 Jun
17.96
09 Jun
19.88
10 Jun
21.19
28 May
20.17
29 May
20.14
30 May
19.99
31 May
19.78
01 Jun
19.68
02 Jun
19.72
03 Jun
19.10
04 Jun
19.01
05 Jun
19.00
06 Jun
18.88
07 Jun
18.77
08 Jun
18.40
09 Jun
18.44
10 Jun
18.53
28 May
20.37
29 May
20.37
30 May
20.29
31 May
20.21
01 Jun
20.18
02 Jun
20.19
03 Jun
20.14
04 Jun
20.15
05 Jun
20.17
06 Jun
20.18
07 Jun
20.19
08 Jun
20.17
09 Jun
20.17
10 Jun
20.19
28 May
8,125
29 May
6,100
30 May
12,590
31 May
11,150
01 Jun
4,750
02 Jun
7,450
03 Jun
11,750
04 Jun
7,740
05 Jun
6,801
06 Jun
12,380
07 Jun
10,000
08 Jun
18,265
09 Jun
11,665
10 Jun
13,235
12 Oct
123.33
13 Oct
123.32
14 Oct
123.28
15 Oct
123.27
16 Oct
123.28
17 Oct
123.29
18 Oct
123.26
19 Oct
123.32
20 Oct
123.30
21 Oct
123.29
22 Oct
123.30
23 Oct
123.29
24 Oct
123.30
25 Oct
123.29
Jul 25
1.48
Aug 25
1.40
Sep 25
2.74
Oct 25
0.80
Nov 25
0.90
Dec 25
0.76
Jan 26
0.76
Feb 26
2.50
Mar 26
1.70
Apr 26
1.27
May 26
1.61
Jun 26
1.17
Jul 26
1.28
Aug 26
1.27
Jul 25
4.50
Aug 25
6.70
Sep 25
13.73
Oct 25
6.60
Nov 25
4.83
Dec 25
4.00
Jan 26
5.11
Feb 26
28.03
Mar 26
16.64
Apr 26
16.93
May 26
14.54
Jun 26
11.37
Jul 26
12.00
Aug 26
13.32
28 May
204.35
29 May
150.70
30 May
118.94
31 May
74.55
01 Jun
60.07
02 Jun
83.09
03 Jun
107.02
04 Jun
141.40
05 Jun
105.25
06 Jun
179.22
07 Jun
191.98
08 Jun
189.53
09 Jun
172.83
10 Jun
161.03
28 May
212.08
29 May
159.56
30 May
127.10
31 May
76.86
01 Jun
61.69
02 Jun
88.92
03 Jun
122.07
04 Jun
152.42
05 Jun
113.94
06 Jun
189.01
07 Jun
195.47
08 Jun
188.71
09 Jun
182.47
10 Jun
173.26
28 May
200.11
29 May
146.72
30 May
118.09
31 May
77.58
01 Jun
59.98
02 Jun
81.86
03 Jun
104.28
04 Jun
138.17
05 Jun
104.24
06 Jun
175.34
07 Jun
192.48
08 Jun
187.98
09 Jun
168.37
10 Jun
158.00
28 May
234.8
29 May
229.6
30 May
225.3
31 May
204.7
01 Jun
202.0
02 Jun
206.4
03 Jun
228.1
04 Jun
231.6
05 Jun
224.9
06 Jun
243.5
07 Jun
233.0
08 Jun
235.9
09 Jun
250.4
10 Jun
253.6
29 May
1258
30 May
1260
31 May
0
01 Jun
0
02 Jun
0
03 Jun
1955
04 Jun
100
05 Jun
9715
06 Jun
500
07 Jun
0
08 Jun
0
09 Jun
0
10 Jun
1426
11 Jun
0
28 May
0.00
29 May
0.00
30 May
0.00
31 May
0.00
01 Jun
0.00
02 Jun
0.00
03 Jun
0.00
04 Jun
0.00
05 Jun
0.00
06 Jun
0.00
07 Jun
0.00
08 Jun
0.00
09 Jun
0.00
10 Jun
0.00
28 May
51.00
29 May
51.05
30 May
51.20
31 May
51.23
01 Jun
51.84
02 Jun
51.84
03 Jun
52.01
04 Jun
52.26
05 Jun
52.47
06 Jun
52.67
07 Jun
52.90
08 Jun
53.03
09 Jun
53.99
10 Jun
54.01
28 May
56.81
29 May
56.78
30 May
56.43
31 May
56.43
01 Jun
56.43
02 Jun
56.14
03 Jun
56.12
04 Jun
55.95
05 Jun
55.90
06 Jun
55.90
07 Jun
55.90
08 Jun
55.90
09 Jun
55.90
10 Jun
55.61
29 May
72.62
30 May
58.09
31 May
53.67
01 Jun
58.40
02 Jun
55.88
03 Jun
71.23
04 Jun
77.98
05 Jun
59.58
06 Jun
83.20
07 Jun
81.40
08 Jun
100.74
09 Jun
110.43
10 Jun
114.45
11 Jun
74.73
29 May
89.30
30 May
90.76
31 May
92.20
01 Jun
91.15
02 Jun
91.62
03 Jun
90.27
04 Jun
89.09
05 Jun
91.58
06 Jun
87.44
07 Jun
87.05
08 Jun
84.95
09 Jun
83.95
10 Jun
83.48
11 Jun
87.88
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2025 Jun | 2025 Jul | 2025 Aug | 2025 Dec | 2026 Jan | 2026 Feb |
| $1.33 | $1.48 | $1.40 | $0.76 | $0.76 | $2.50 |
BEN ➔ HAY (OPT)
| 2025 Jun | 2025 Jul | 2025 Aug | 2025 Dec | 2026 Jan | 2026 Feb |
| $5.35 | $4.50 | $6.70 | $4.00 | $5.11 | $28.03 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 9 a.m. 23 May 2025
June: Primary
Wed, 11, June 2025
12p.m. - 4:30PM
June: Primary
Wed, 11, June 2025
12PM - 4:30PM
- Jul 2026
- Aug 2026
- Sep 2026
- Apr 2027
- May 2027
- Jun 2027
June: Variation
Wed, 18, June 2025
12p.m. - 4:30PM
June: Variation
Wed, 18, June 2025
12PM - 4:30PM
- Jul 2025
- Aug 2025
- Sep 2025
- Jan 2026
- Feb 2026
- Mar 2026
Auction Results available 4pm the following day
Last updated 9 a.m. 23 May 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