Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
11 Oct
11.74
12 Oct
6.81
13 Oct
9.55
14 Oct
11.33
15 Oct
14.99
16 Oct
13.16
17 Oct
12.68
18 Oct
12.88
19 Oct
15.44
20 Oct
12.71
21 Oct
12.98
22 Oct
17.08
23 Oct
13.35
24 Oct
13.06
11 Oct
14.81
12 Oct
14.59
13 Oct
14.49
14 Oct
14.43
15 Oct
14.38
16 Oct
14.29
17 Oct
14.21
18 Oct
14.11
19 Oct
14.06
20 Oct
13.98
21 Oct
13.90
22 Oct
13.85
23 Oct
13.80
24 Oct
13.72
11 Oct
16.17
12 Oct
16.09
13 Oct
16.08
14 Oct
16.05
15 Oct
16.06
16 Oct
16.04
17 Oct
16.03
18 Oct
16.04
19 Oct
16.06
20 Oct
16.04
21 Oct
16.02
22 Oct
16.01
23 Oct
15.98
24 Oct
15.93
11 Oct
12,800
12 Oct
15,640
13 Oct
8,150
14 Oct
9,290
15 Oct
11,100
16 Oct
14,450
17 Oct
10,400
18 Oct
11,700
19 Oct
11,030
20 Oct
6,300
21 Oct
8,050
22 Oct
3,550
23 Oct
13,440
24 Oct
11,250
Nov 26
13.30
Dec 26
6.47
Jan 27
8.55
Feb 27
28.64
Mar 27
21.04
Apr 27
3.72
May 27
7.82
Jun 27
8.04
Jul 27
7.26
Aug 27
6.21
Sep 27
5.94
Oct 27
3.91
Nov 27
6.33
Dec 27
4.82
10 Oct
45.41
11 Oct
30.80
12 Oct
96.38
13 Oct
56.13
14 Oct
45.09
15 Oct
62.83
16 Oct
64.00
17 Oct
60.16
18 Oct
50.95
19 Oct
50.50
20 Oct
55.00
21 Oct
95.52
22 Oct
94.14
23 Oct
80.11
10 Oct
53.48
11 Oct
35.67
12 Oct
115.55
13 Oct
70.72
14 Oct
55.38
15 Oct
76.21
16 Oct
76.39
17 Oct
69.60
18 Oct
58.43
19 Oct
60.29
20 Oct
64.30
21 Oct
113.85
22 Oct
113.86
23 Oct
93.25
10 Oct
35.05
11 Oct
26.57
12 Oct
29.85
13 Oct
34.26
14 Oct
36.36
15 Oct
42.12
16 Oct
53.16
17 Oct
32.92
18 Oct
23.47
19 Oct
14.84
20 Oct
22.94
21 Oct
15.80
22 Oct
34.40
23 Oct
34.83
11 Oct
196.9
12 Oct
214.1
13 Oct
217.7
14 Oct
221.9
15 Oct
229.0
16 Oct
234.7
17 Oct
211.6
18 Oct
200.3
19 Oct
215.3
20 Oct
215.3
21 Oct
216.6
22 Oct
218.4
23 Oct
213.0
24 Oct
198.3
12 Oct
0
13 Oct
1415
14 Oct
0
15 Oct
0
16 Oct
350
17 Oct
0
18 Oct
0
19 Oct
0
20 Oct
0
21 Oct
1938
22 Oct
0
23 Oct
0
24 Oct
0
25 Oct
0
11 Oct
0.00
12 Oct
0.00
13 Oct
0.00
14 Oct
0.00
15 Oct
0.00
16 Oct
0.00
17 Oct
0.00
18 Oct
0.00
19 Oct
0.00
20 Oct
0.00
21 Oct
0.00
22 Oct
0.00
23 Oct
0.00
24 Oct
0.00
11 Oct
50.75
12 Oct
51.52
13 Oct
51.50
14 Oct
51.50
15 Oct
51.67
16 Oct
51.67
17 Oct
51.82
18 Oct
51.85
19 Oct
51.90
20 Oct
51.88
21 Oct
51.88
22 Oct
51.88
23 Oct
51.77
24 Oct
51.77
11 Oct
52.55
12 Oct
52.53
13 Oct
52.49
14 Oct
52.45
15 Oct
52.42
16 Oct
52.42
17 Oct
52.37
18 Oct
52.37
19 Oct
52.37
20 Oct
52.31
21 Oct
52.26
22 Oct
52.20
23 Oct
51.87
24 Oct
51.79
12 Oct
42.91
13 Oct
34.53
14 Oct
31.59
15 Oct
39.45
16 Oct
26.45
17 Oct
29.04
18 Oct
31.93
19 Oct
39.96
20 Oct
40.05
21 Oct
42.47
22 Oct
38.88
23 Oct
34.01
24 Oct
26.07
25 Oct
29.83
12 Oct
95.23
13 Oct
96.71
14 Oct
97.26
15 Oct
95.66
16 Oct
98.25
17 Oct
98.33
18 Oct
97.97
19 Oct
96.40
20 Oct
96.33
21 Oct
95.74
22 Oct
96.20
23 Oct
97.30
24 Oct
98.82
25 Oct
98.81
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2026 Nov | 2026 Dec | 2027 Jan | 2027 May | 2027 Jun | 2027 Jul |
| $0.02 | $0.08 | $0.14 | $0.50 | $0.71 | $0.85 |
BEN ➔ HAY (OPT)
| 2026 Nov | 2026 Dec | 2027 Jan | 2027 May | 2027 Jun | 2027 Jul |
| $13.30 | $6.47 | $8.55 | $7.82 | $8.04 | $7.26 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 9 a.m. 24 Oct 2026
November: Primary
Wed, 11, November 2026
12p.m. - 4:30PM
November: Primary
Wed, 11, November 2026
12PM - 4:30PM
- Dec 2027
- Jan 2028
- Feb 2028
- Oct 2028
- Nov 2028
- Dec 2028
November: Variation
Wed, 18, November 2026
12p.m. - 4:30PM
November: Variation
Wed, 18, November 2026
12PM - 4:30PM
- Dec 2026
- Jan 2027
- Feb 2027
- Jun 2027
- Jul 2027
- Aug 2027
Auction Results available by 4pm the following day
Last updated 9 a.m. 24 Oct 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