Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
07 May
22.94
08 May
22.33
09 May
23.81
10 May
19.39
11 May
20.10
12 May
21.37
13 May
20.41
14 May
20.11
15 May
21.00
16 May
18.24
17 May
17.77
18 May
17.10
19 May
19.61
20 May
19.19
07 May
19.90
08 May
19.99
09 May
20.15
10 May
20.15
11 May
20.18
12 May
20.25
13 May
20.33
14 May
20.43
15 May
20.52
16 May
20.54
17 May
20.59
18 May
20.62
19 May
20.68
20 May
20.75
07 May
19.80
08 May
20.01
09 May
20.21
10 May
20.21
11 May
20.22
12 May
20.24
13 May
20.25
14 May
20.30
15 May
20.34
16 May
20.40
17 May
20.47
18 May
20.49
19 May
20.51
20 May
20.51
07 May
11,650
08 May
9,980
09 May
15,870
10 May
7,350
11 May
7,250
12 May
8,950
13 May
7,150
14 May
8,825
15 May
5,150
16 May
8,400
17 May
4,050
18 May
5,250
19 May
7,380
20 May
8,900
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
Jun 25
2.22
Jul 25
1.55
Aug 25
1.33
Sep 25
2.74
Oct 25
0.80
Nov 25
0.90
Dec 25
0.71
Jan 26
0.70
Feb 26
2.43
Mar 26
1.70
Apr 26
1.27
May 26
1.61
Jun 26
1.17
Jul 26
1.28
Jun 25
5.18
Jul 25
5.38
Aug 25
12.37
Sep 25
13.73
Oct 25
6.60
Nov 25
4.83
Dec 25
4.89
Jan 26
6.98
Feb 26
30.87
Mar 26
16.64
Apr 26
16.93
May 26
14.54
Jun 26
11.37
Jul 26
12.00
07 May
229.61
08 May
251.70
09 May
272.26
10 May
225.48
11 May
204.90
12 May
209.05
13 May
171.36
14 May
162.68
15 May
92.83
16 May
66.22
17 May
55.88
18 May
101.16
19 May
152.41
20 May
185.61
07 May
234.67
08 May
250.77
09 May
269.79
10 May
218.55
11 May
202.50
12 May
216.81
13 May
187.18
14 May
170.78
15 May
101.48
16 May
72.58
17 May
59.64
18 May
104.12
19 May
160.70
20 May
193.04
07 May
245.15
08 May
263.72
09 May
275.02
10 May
228.17
11 May
204.80
12 May
205.20
13 May
170.09
14 May
158.36
15 May
92.66
16 May
65.39
17 May
55.92
18 May
106.84
19 May
150.53
20 May
181.38
07 May
224.5
08 May
220.4
09 May
221.4
10 May
203.2
11 May
201.4
12 May
223.1
13 May
227.5
14 May
224.6
15 May
225.0
16 May
217.4
17 May
200.1
18 May
200.7
19 May
227.4
20 May
234.6
08 May
300
09 May
1673
10 May
0
11 May
0
12 May
2000
13 May
2172
14 May
0
15 May
1500
16 May
1000
17 May
0
18 May
0
19 May
527
20 May
0
21 May
0
07 May
0.00
08 May
0.00
09 May
0.00
10 May
0.00
11 May
0.00
12 May
0.00
13 May
0.00
14 May
0.00
15 May
0.00
16 May
0.00
17 May
0.00
18 May
0.00
19 May
0.00
20 May
0.00
07 May
52.12
08 May
51.25
09 May
50.98
10 May
50.98
11 May
50.50
12 May
50.39
13 May
50.31
14 May
50.40
15 May
50.59
16 May
50.57
17 May
50.52
18 May
50.23
19 May
50.56
20 May
50.77
07 May
58.45
08 May
58.28
09 May
58.10
10 May
58.10
11 May
58.10
12 May
58.01
13 May
57.84
14 May
57.48
15 May
57.35
16 May
57.31
17 May
57.31
18 May
57.31
19 May
57.29
20 May
57.04
08 May
155.79
09 May
137.19
10 May
151.31
11 May
145.72
12 May
144.83
13 May
120.43
14 May
130.84
15 May
104.99
16 May
82.57
17 May
75.61
18 May
73.85
19 May
90.96
20 May
119.34
21 May
129.69
08 May
78.81
09 May
80.98
10 May
79.77
11 May
81.08
12 May
80.49
13 May
83.47
14 May
82.40
15 May
85.45
16 May
87.58
17 May
89.48
18 May
89.42
19 May
86.14
20 May
83.40
21 May
82.72
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2026 Jun | 2026 Jul | 2026 Aug | 2027 Apr | 2027 May | 2027 Jun |
| $1.17 | $1.28 | $1.27 | $1.08 | $1.10 | $1.10 |
BEN ➔ HAY (OPT)
| 2026 Jun | 2026 Jul | 2026 Aug | 2027 Apr | 2027 May | 2027 Jun |
| $11.37 | $12.00 | $13.32 | $12.11 | $12.73 | $13.67 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 11 a.m. 15 May 2025
May: Primary
Wed, 14, May 2025
12p.m. - 4:30PM
May: Primary
Wed, 14, May 2025
12PM - 4:30PM
- Jun 2026
- Jul 2026
- Aug 2026
- Apr 2027
- May 2027
- Jun 2027
May: Variation
Wed, 21, May 2025
12p.m. - 4:30PM
May: Variation
Wed, 21, May 2025
12PM - 4:30PM
- Jun 2025
- Jul 2025
- Aug 2025
- Dec 2025
- Jan 2026
- Feb 2026
Auction Results available 4pm the following day
Last updated 11 a.m. 15 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