Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
05 Jul
14.47
06 Jul
12.90
07 Jul
14.45
08 Jul
15.11
09 Jul
14.85
10 Jul
16.02
11 Jul
9.26
12 Jul
11.65
13 Jul
13.48
14 Jul
15.06
15 Jul
13.47
16 Jul
10.36
17 Jul
10.59
18 Jul
15.20
05 Jul
16.00
06 Jul
15.89
07 Jul
15.72
08 Jul
15.62
09 Jul
15.51
10 Jul
15.43
11 Jul
15.04
12 Jul
14.84
13 Jul
14.77
14 Jul
14.73
15 Jul
14.69
16 Jul
14.57
17 Jul
14.36
18 Jul
14.31
05 Jul
17.90
06 Jul
17.86
07 Jul
17.77
08 Jul
17.71
09 Jul
17.63
10 Jul
17.61
11 Jul
17.43
12 Jul
17.38
13 Jul
17.36
14 Jul
17.32
15 Jul
17.27
16 Jul
17.18
17 Jul
17.07
18 Jul
17.02
05 Jul
18,640
06 Jul
12,990
07 Jul
25,900
08 Jul
22,650
09 Jul
27,090
10 Jul
12,000
11 Jul
24,370
12 Jul
7,840
13 Jul
5,080
14 Jul
17,330
15 Jul
15,200
16 Jul
13,800
17 Jul
16,980
18 Jul
25,920
Aug 25
3.79
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
05 Jul
3.62
06 Jul
49.26
07 Jul
39.86
08 Jul
48.58
09 Jul
96.62
10 Jul
84.04
11 Jul
59.89
12 Jul
18.28
13 Jul
101.10
14 Jul
109.81
15 Jul
96.71
16 Jul
37.82
17 Jul
116.11
18 Jul
82.00
05 Jul
3.43
06 Jul
48.68
07 Jul
41.73
08 Jul
51.84
09 Jul
103.05
10 Jul
87.88
11 Jul
64.09
12 Jul
18.13
13 Jul
104.80
14 Jul
117.51
15 Jul
104.86
16 Jul
39.72
17 Jul
127.04
18 Jul
87.02
05 Jul
6.50
06 Jul
49.69
07 Jul
39.43
08 Jul
46.37
09 Jul
91.73
10 Jul
81.06
11 Jul
38.69
12 Jul
21.16
13 Jul
99.71
14 Jul
106.01
15 Jul
93.17
16 Jul
37.83
17 Jul
109.94
18 Jul
78.60
05 Jul
211.8
06 Jul
217.5
07 Jul
250.1
08 Jul
251.8
09 Jul
249.5
10 Jul
236.6
11 Jul
238.2
12 Jul
210.7
13 Jul
220.5
14 Jul
237.5
15 Jul
247.3
16 Jul
244.0
17 Jul
257.0
18 Jul
250.0
06 Jul
0
07 Jul
595
08 Jul
650
09 Jul
1300
10 Jul
3000
11 Jul
0
12 Jul
0
13 Jul
0
14 Jul
0
15 Jul
401
16 Jul
683
17 Jul
0
18 Jul
0
19 Jul
0
05 Jul
0.00
06 Jul
0.00
07 Jul
0.00
08 Jul
0.00
09 Jul
0.00
10 Jul
57.50
11 Jul
0.00
12 Jul
0.00
13 Jul
0.00
14 Jul
0.00
15 Jul
0.00
16 Jul
0.00
17 Jul
0.00
18 Jul
0.00
05 Jul
56.55
06 Jul
56.68
07 Jul
56.70
08 Jul
56.72
09 Jul
56.73
10 Jul
57.25
11 Jul
57.36
12 Jul
57.36
13 Jul
57.39
14 Jul
57.42
15 Jul
57.42
16 Jul
57.42
17 Jul
57.47
18 Jul
57.57
05 Jul
53.78
06 Jul
53.78
07 Jul
53.85
08 Jul
53.81
09 Jul
53.82
10 Jul
53.86
11 Jul
53.90
12 Jul
53.89
13 Jul
53.89
14 Jul
54.05
15 Jul
54.05
16 Jul
54.05
17 Jul
54.07
18 Jul
54.15
06 Jul
46.70
07 Jul
60.30
08 Jul
55.75
09 Jul
52.86
10 Jul
42.26
11 Jul
38.95
12 Jul
40.91
13 Jul
41.02
14 Jul
49.01
15 Jul
47.24
16 Jul
44.40
17 Jul
53.43
18 Jul
53.40
19 Jul
49.09
06 Jul
93.73
07 Jul
92.01
08 Jul
92.36
09 Jul
91.78
10 Jul
92.39
11 Jul
93.10
12 Jul
92.84
13 Jul
92.70
14 Jul
92.46
15 Jul
93.38
16 Jul
93.62
17 Jul
92.60
18 Jul
92.08
19 Jul
92.98
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 11 a.m. 17 Jul 2025
July: Primary
Wed, 9, July 2025
12p.m. - 4:30PM
July: Primary
Wed, 9, July 2025
12PM - 4:30PM
- Aug 2026
- Sep 2026
- Oct 2026
- Jul 2027
- Aug 2027
- Sep 2027
July: Variation
Wed, 16, July 2025
12p.m. - 4:30PM
July: Variation
Wed, 16, July 2025
12PM - 4:30PM
- Aug 2025
- Sep 2025
- Oct 2025
- Feb 2026
- Mar 2026
- Apr 2026
Auction Results available 4pm the following day
Last updated 11 a.m. 17 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