Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
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
11 Jun
18.99
12 Jun
18.24
13 Jun
16.06
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
11 Jun
18.47
12 Jun
18.41
13 Jun
18.20
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
11 Jun
20.18
12 Jun
20.18
13 Jun
20.11
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
11 Jun
19,900
12 Jun
9,800
13 Jun
19,285
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
1.18
Aug 26
1.31
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
10.88
Aug 26
11.29
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
11 Jun
127.67
12 Jun
128.63
13 Jun
135.42
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
11 Jun
132.74
12 Jun
134.26
13 Jun
138.43
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
11 Jun
131.41
12 Jun
127.21
13 Jun
134.48
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
11 Jun
237.3
12 Jun
235.1
13 Jun
231.3
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
300
12 Jun
1100
13 Jun
2071
14 Jun
0
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
11 Jun
0.00
12 Jun
0.00
13 Jun
0.00
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
11 Jun
54.05
12 Jun
54.46
13 Jun
54.72
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
11 Jun
55.61
12 Jun
55.63
13 Jun
55.52
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
74.79
12 Jun
71.02
13 Jun
73.00
14 Jun
74.38
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
87.75
12 Jun
88.55
13 Jun
87.33
14 Jun
87.66
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2026 Jul | 2026 Aug | 2026 Sep | 2027 Apr | 2027 May | 2027 Jun |
| $1.18 | $1.31 | $1.09 | $1.13 | $1.08 | $1.11 |
BEN ➔ HAY (OPT)
| 2026 Jul | 2026 Aug | 2026 Sep | 2027 Apr | 2027 May | 2027 Jun |
| $10.88 | $11.29 | $11.55 | $10.17 | $11.07 | $12.32 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 1 p.m. 12 Jun 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 1 p.m. 12 Jun 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