Latest Auction Results

Variation February 2024


HAY ➔ BEN (OPT)
2024 Mar 2024 Apr 2024 May 2024 Sep 2024 Oct 2024 Nov
$6.93 $0.55 $0.51 $0.52 $0.55 $0.57
BEN ➔ HAY (OPT)
2024 Mar 2024 Apr 2024 May 2024 Sep 2024 Oct 2024 Nov
$21.76 $8.65 $12.87 $8.88 $8.18 $10.94

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FTR Manager

Auction Notice


March: Primary
Wed, 13, March 2024
12p.m. - 4:30PM
  • Apr 2025
  • May 2025
  • Jun 2025
  • Jan 2026
  • Feb 2026
  • Mar 2026
March: Variation
Wed, 20, March 2024
12p.m. - 4:30PM
  • Apr 2024
  • May 2024
  • Jun 2024
  • Oct 2024
  • Nov 2024
  • Dec 2024
Auction Results available 4pm the following day

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.

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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