Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
25 Jul
16.70
26 Jul
15.22
27 Jul
14.85
28 Jul
15.71
29 Jul
14.50
30 Jul
15.42
31 Jul
10.81
01 Aug
15.75
02 Aug
15.79
03 Aug
15.52
04 Aug
16.91
05 Aug
16.61
06 Aug
16.83
07 Aug
16.97
25 Jul
14.20
26 Jul
14.14
27 Jul
14.09
28 Jul
14.23
29 Jul
14.26
30 Jul
14.31
31 Jul
14.25
01 Aug
14.39
02 Aug
14.44
03 Aug
14.44
04 Aug
14.56
05 Aug
14.64
06 Aug
14.77
07 Aug
14.89
25 Jul
16.93
26 Jul
16.90
27 Jul
16.65
28 Jul
16.55
29 Jul
16.49
30 Jul
16.46
31 Jul
16.36
01 Aug
16.32
02 Aug
16.26
03 Aug
16.23
04 Aug
16.10
05 Aug
16.06
06 Aug
16.03
07 Aug
15.99
25 Jul
24,380
26 Jul
13,500
27 Jul
15,302
28 Jul
15,300
29 Jul
15,700
30 Jul
11,160
31 Jul
18,400
01 Aug
17,650
02 Aug
21,530
03 Aug
17,000
04 Aug
23,400
05 Aug
25,000
06 Aug
29,710
07 Aug
30,610
Sep 25
7.72
Oct 25
4.21
Nov 25
4.83
Dec 25
4.00
Jan 26
4.86
Feb 26
31.73
Mar 26
11.79
Apr 26
14.58
May 26
14.54
Jun 26
11.37
Jul 26
10.88
Aug 26
9.07
Sep 26
9.84
Oct 26
9.22
25 Jul
187.50
26 Jul
127.76
27 Jul
113.66
28 Jul
120.35
29 Jul
139.99
30 Jul
84.57
31 Jul
97.89
01 Aug
135.04
02 Aug
139.21
03 Aug
141.19
04 Aug
160.94
05 Aug
147.51
06 Aug
164.97
07 Aug
138.17
25 Jul
195.29
26 Jul
123.39
27 Jul
110.88
28 Jul
121.31
29 Jul
146.27
30 Jul
87.37
31 Jul
103.59
01 Aug
139.00
02 Aug
141.84
03 Aug
140.84
04 Aug
170.25
05 Aug
156.35
06 Aug
175.21
07 Aug
145.33
25 Jul
181.52
26 Jul
126.84
27 Jul
114.50
28 Jul
119.15
29 Jul
136.25
30 Jul
82.60
31 Jul
95.06
01 Aug
132.20
02 Aug
135.78
03 Aug
140.29
04 Aug
158.18
05 Aug
143.96
06 Aug
157.97
07 Aug
135.00
26 Jul
231.7
27 Jul
225.4
28 Jul
242.7
29 Jul
245.1
30 Jul
235.1
31 Jul
246.2
01 Aug
250.1
02 Aug
235.0
03 Aug
232.3
04 Aug
265.3
05 Aug
260.5
06 Aug
257.1
07 Aug
248.8
08 Aug
246.4
26 Jul
0
27 Jul
120
28 Jul
0
29 Jul
450
30 Jul
569
31 Jul
39
01 Aug
2828
02 Aug
0
03 Aug
0
04 Aug
500
05 Aug
100
06 Aug
0
07 Aug
0
08 Aug
0
25 Jul
0.00
26 Jul
0.00
27 Jul
0.00
28 Jul
0.00
29 Jul
0.00
30 Jul
0.00
31 Jul
0.00
01 Aug
0.00
02 Aug
0.00
03 Aug
0.00
04 Aug
0.00
05 Aug
0.00
06 Aug
0.00
07 Aug
0.00
25 Jul
57.74
26 Jul
57.70
27 Jul
57.52
28 Jul
57.49
29 Jul
57.48
30 Jul
57.48
31 Jul
57.42
01 Aug
57.35
02 Aug
57.32
03 Aug
57.32
04 Aug
57.32
05 Aug
57.12
06 Aug
57.11
07 Aug
57.13
25 Jul
54.48
26 Jul
54.48
27 Jul
54.48
28 Jul
54.48
29 Jul
54.52
30 Jul
54.52
31 Jul
54.56
01 Aug
54.92
02 Aug
54.94
03 Aug
54.94
04 Aug
54.94
05 Aug
55.10
06 Aug
55.12
07 Aug
55.28
26 Jul
79.38
27 Jul
57.69
28 Jul
54.20
29 Jul
49.37
30 Jul
49.86
31 Jul
46.05
01 Aug
48.74
02 Aug
48.00
03 Aug
48.09
04 Aug
72.17
05 Aug
75.70
06 Aug
90.00
07 Aug
76.81
08 Aug
58.88
26 Jul
88.58
27 Jul
90.97
28 Jul
91.38
29 Jul
92.28
30 Jul
92.84
31 Jul
93.70
01 Aug
92.83
02 Aug
93.00
03 Aug
93.07
04 Aug
89.54
05 Aug
88.80
06 Aug
86.60
07 Aug
88.16
08 Aug
90.97
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2025 Aug | 2025 Sep | 2025 Oct | 2026 Feb | 2026 Mar | 2026 Apr |
| $1.00 | $1.65 | $1.41 | $2.41 | $1.61 | $1.46 |
BEN ➔ HAY (OPT)
| 2025 Aug | 2025 Sep | 2025 Oct | 2026 Feb | 2026 Mar | 2026 Apr |
| $3.79 | $7.72 | $4.21 | $31.73 | $11.79 | $14.58 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 10 a.m. 28 Jul 2025
August: Primary
Wed, 13, August 2025
12p.m. - 4:30PM
August: Primary
Wed, 13, August 2025
12PM - 4:30PM
- Sep 2026
- Oct 2026
- Nov 2026
- Jul 2027
- Aug 2027
- Sep 2027
August: Variation
Wed, 20, August 2025
12p.m. - 4:30PM
August: Variation
Wed, 20, August 2025
12PM - 4:30PM
- Sep 2025
- Oct 2025
- Nov 2025
- Mar 2026
- Apr 2026
- May 2026
Auction Results available 4pm the following day
Last updated 10 a.m. 28 Jul 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