Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
03 Sep
16.29
04 Sep
15.87
05 Sep
14.82
06 Sep
14.34
07 Sep
15.47
08 Sep
14.67
09 Sep
14.59
10 Sep
14.91
11 Sep
14.90
12 Sep
15.43
13 Sep
14.82
14 Sep
16.68
15 Sep
16.76
16 Sep
16.61
03 Sep
17.28
04 Sep
17.23
05 Sep
17.08
06 Sep
16.94
07 Sep
16.87
08 Sep
16.76
09 Sep
16.64
10 Sep
16.57
11 Sep
16.44
12 Sep
16.35
13 Sep
16.24
14 Sep
16.20
15 Sep
16.24
16 Sep
16.31
03 Sep
15.00
04 Sep
15.11
05 Sep
15.13
06 Sep
15.18
07 Sep
15.23
08 Sep
15.27
09 Sep
15.30
10 Sep
15.34
11 Sep
15.40
12 Sep
15.44
13 Sep
15.51
14 Sep
15.58
15 Sep
15.65
16 Sep
15.69
03 Sep
11,700
04 Sep
12,910
05 Sep
13,700
06 Sep
17,780
07 Sep
15,000
08 Sep
19,400
09 Sep
22,500
10 Sep
23,450
11 Sep
20,950
12 Sep
13,840
13 Sep
24,190
14 Sep
19,200
15 Sep
13,500
16 Sep
13,450
Oct 26
5.00
Nov 26
4.76
Dec 26
3.39
Jan 27
1.80
Feb 27
28.64
Mar 27
21.04
Apr 27
3.72
May 27
5.64
Jun 27
9.63
Jul 27
4.89
Aug 27
6.21
Sep 27
5.94
Oct 27
3.91
Nov 27
5.96
03 Sep
13.48
04 Sep
12.74
05 Sep
7.95
06 Sep
14.18
07 Sep
26.17
08 Sep
57.46
09 Sep
43.40
10 Sep
41.69
11 Sep
26.48
12 Sep
12.74
13 Sep
27.29
14 Sep
65.47
15 Sep
31.65
16 Sep
43.25
03 Sep
16.48
04 Sep
15.46
05 Sep
9.16
06 Sep
15.72
07 Sep
30.82
08 Sep
65.22
09 Sep
50.64
10 Sep
49.46
11 Sep
31.17
12 Sep
14.93
13 Sep
32.06
14 Sep
76.47
15 Sep
38.34
16 Sep
52.56
03 Sep
8.47
04 Sep
9.58
05 Sep
7.57
06 Sep
13.78
07 Sep
16.12
08 Sep
34.66
09 Sep
22.94
10 Sep
14.37
11 Sep
16.86
12 Sep
8.60
13 Sep
11.29
14 Sep
40.15
15 Sep
24.84
16 Sep
39.52
03 Sep
226.8
04 Sep
224.6
05 Sep
209.3
06 Sep
215.2
07 Sep
243.1
08 Sep
236.3
09 Sep
234.5
10 Sep
243.2
11 Sep
234.6
12 Sep
212.8
13 Sep
206.8
14 Sep
224.1
15 Sep
224.8
16 Sep
233.2
04 Sep
78
05 Sep
0
06 Sep
0
07 Sep
18
08 Sep
0
09 Sep
5360
10 Sep
3904
11 Sep
0
12 Sep
0
13 Sep
0
14 Sep
2157
15 Sep
1360
16 Sep
2761
17 Sep
0
03 Sep
0.00
04 Sep
0.00
05 Sep
0.00
06 Sep
0.00
07 Sep
0.00
08 Sep
0.00
09 Sep
0.00
10 Sep
0.00
11 Sep
0.00
12 Sep
0.00
13 Sep
0.00
14 Sep
0.00
15 Sep
0.00
16 Sep
0.00
03 Sep
53.20
04 Sep
53.08
05 Sep
52.96
06 Sep
52.96
07 Sep
52.96
08 Sep
52.95
09 Sep
52.77
10 Sep
52.56
11 Sep
50.36
12 Sep
50.34
13 Sep
50.34
14 Sep
50.15
15 Sep
50.15
16 Sep
49.47
03 Sep
53.56
04 Sep
53.57
05 Sep
53.71
06 Sep
53.71
07 Sep
53.71
08 Sep
53.79
09 Sep
53.80
10 Sep
53.88
11 Sep
53.34
12 Sep
53.40
13 Sep
53.40
14 Sep
53.20
15 Sep
53.22
16 Sep
53.10
04 Sep
30.21
05 Sep
31.97
06 Sep
30.68
07 Sep
32.58
08 Sep
44.07
09 Sep
35.78
10 Sep
33.72
11 Sep
32.80
12 Sep
30.84
13 Sep
30.96
14 Sep
37.68
15 Sep
33.58
16 Sep
32.06
17 Sep
33.23
04 Sep
98.32
05 Sep
98.53
06 Sep
98.72
07 Sep
97.91
08 Sep
96.36
09 Sep
97.43
10 Sep
97.70
11 Sep
97.93
12 Sep
98.61
13 Sep
98.72
14 Sep
97.24
15 Sep
97.82
16 Sep
97.88
17 Sep
97.83
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2026 Oct | 2026 Nov | 2026 Dec | 2027 Apr | 2027 May | 2027 Jun |
| $0.05 | $0.09 | $0.14 | $0.53 | $0.57 | $0.64 |
BEN ➔ HAY (OPT)
| 2026 Oct | 2026 Nov | 2026 Dec | 2027 Apr | 2027 May | 2027 Jun |
| $5.00 | $4.76 | $3.39 | $3.72 | $5.64 | $9.63 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 10 a.m. 17 Sep 2026
September: Primary
Wed, 9, September 2026
12p.m. - 4:30PM
September: Primary
Wed, 9, September 2026
12PM - 4:30PM
- Sep 2028
- Aug 2028
- Jul 2028
- Oct 2027
- Nov 2027
- Dec 2027
September: Variation
Wed, 16, September 2026
12p.m. - 4:30PM
September: Variation
Wed, 16, September 2026
12PM - 4:30PM
- Apr 2027
- May 2027
- Jun 2027
- Oct 2026
- Nov 2026
- Dec 2026
Auction Results available by 4pm the following day
Last updated 10 a.m. 17 Sep 2026
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