Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
03 Apr
15.60
04 Apr
17.21
05 Apr
18.03
06 Apr
13.35
07 Apr
12.20
08 Apr
15.46
09 Apr
18.78
10 Apr
18.26
11 Apr
17.54
12 Apr
17.39
13 Apr
17.99
14 Apr
14.03
15 Apr
14.87
16 Apr
15.72
03 Apr
13.52
04 Apr
14.07
05 Apr
14.27
06 Apr
14.33
07 Apr
14.40
08 Apr
14.52
09 Apr
14.67
10 Apr
14.84
11 Apr
14.91
12 Apr
15.04
13 Apr
15.18
14 Apr
15.17
15 Apr
15.26
16 Apr
15.37
03 Apr
9.85
04 Apr
9.99
05 Apr
10.10
06 Apr
10.20
07 Apr
10.27
08 Apr
10.38
09 Apr
10.57
10 Apr
10.73
11 Apr
10.92
12 Apr
11.14
13 Apr
11.25
14 Apr
11.36
15 Apr
11.44
16 Apr
11.52
03 Apr
24,440
04 Apr
15,140
05 Apr
12,560
06 Apr
21,690
07 Apr
17,790
08 Apr
14,650
09 Apr
9,770
10 Apr
9,620
11 Apr
10,550
12 Apr
14,295
13 Apr
13,030
14 Apr
27,670
15 Apr
16,360
16 Apr
14,335
May 26
1.59
Jun 26
1.90
Jul 26
10.08
Aug 26
7.68
Sep 26
3.92
Oct 26
3.78
Nov 26
2.92
Dec 26
5.60
Jan 27
6.01
Feb 27
32.90
Mar 27
16.27
Apr 27
6.53
May 27
7.38
Jun 27
6.99
02 Apr
156.84
03 Apr
138.35
04 Apr
132.84
05 Apr
129.11
06 Apr
169.48
07 Apr
148.09
08 Apr
164.72
09 Apr
107.92
10 Apr
44.98
11 Apr
49.37
12 Apr
102.92
13 Apr
94.01
14 Apr
91.80
15 Apr
52.89
02 Apr
158.63
03 Apr
137.22
04 Apr
129.87
05 Apr
125.76
06 Apr
165.26
07 Apr
151.63
08 Apr
167.88
09 Apr
113.92
10 Apr
44.98
11 Apr
48.13
12 Apr
99.21
13 Apr
94.70
14 Apr
85.37
15 Apr
50.65
02 Apr
152.43
03 Apr
138.00
04 Apr
133.52
05 Apr
129.32
06 Apr
169.64
07 Apr
146.40
08 Apr
162.33
09 Apr
105.63
10 Apr
44.47
11 Apr
49.80
12 Apr
104.57
13 Apr
96.13
14 Apr
102.77
15 Apr
53.83
03 Apr
187.9
04 Apr
187.8
05 Apr
186.5
06 Apr
190.5
07 Apr
213.7
08 Apr
215.6
09 Apr
211.8
10 Apr
210.2
11 Apr
198.4
12 Apr
197.9
13 Apr
214.8
14 Apr
216.6
15 Apr
217.4
16 Apr
216.7
04 Apr
0
05 Apr
0
06 Apr
0
07 Apr
1400
08 Apr
3402
09 Apr
3200
10 Apr
15516
11 Apr
320
12 Apr
0
13 Apr
100
14 Apr
2
15 Apr
1000
16 Apr
5117
17 Apr
0
03 Apr
0.00
04 Apr
0.00
05 Apr
0.00
06 Apr
0.00
07 Apr
0.00
08 Apr
0.00
09 Apr
0.00
10 Apr
0.00
11 Apr
0.00
12 Apr
0.00
13 Apr
0.00
14 Apr
0.00
15 Apr
0.00
16 Apr
0.00
03 Apr
42.78
04 Apr
42.78
05 Apr
42.78
06 Apr
42.78
07 Apr
42.72
08 Apr
42.55
09 Apr
42.27
10 Apr
41.79
11 Apr
41.72
12 Apr
41.62
13 Apr
41.90
14 Apr
43.29
15 Apr
43.30
16 Apr
43.28
03 Apr
39.65
04 Apr
39.65
05 Apr
39.65
06 Apr
39.65
07 Apr
39.68
08 Apr
39.68
09 Apr
39.75
10 Apr
39.89
11 Apr
39.89
12 Apr
39.89
13 Apr
40.09
14 Apr
41.24
15 Apr
41.31
16 Apr
41.36
04 Apr
64.91
05 Apr
66.08
06 Apr
72.14
07 Apr
76.64
08 Apr
73.84
09 Apr
57.87
10 Apr
55.87
11 Apr
57.73
12 Apr
58.91
13 Apr
53.59
14 Apr
53.45
15 Apr
48.06
16 Apr
49.09
17 Apr
54.01
04 Apr
90.11
05 Apr
89.95
06 Apr
88.92
07 Apr
88.83
08 Apr
89.19
09 Apr
91.43
10 Apr
91.62
11 Apr
91.27
12 Apr
91.02
13 Apr
91.89
14 Apr
91.85
15 Apr
93.18
16 Apr
93.11
17 Apr
92.99
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2027 May | 2027 Jun | 2027 Jul | 2028 Apr | 2028 May | 2028 Jun |
| $0.83 | $0.95 | $0.98 | $0.81 | $0.99 | $1.22 |
BEN ➔ HAY (OPT)
| 2027 May | 2027 Jun | 2027 Jul | 2028 Apr | 2028 May | 2028 Jun |
| $7.38 | $6.99 | $6.57 | $6.62 | $6.51 | $6.85 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 11 a.m. 16 Apr 2026
April: Primary
Wed, 15, April 2026
12p.m. - 4:30PM
April: Primary
Wed, 15, April 2026
12PM - 4:30PM
- Apr 2028
- May 2028
- Jun 2028
- May 2027
- Jun 2027
- Jul 2027
April: Variation
Wed, 22, April 2026
12p.m. - 4:30PM
April: Variation
Wed, 22, April 2026
12PM - 4:30PM
- Jan 2027
- Dec 2026
- Nov 2026
- May 2026
- Jun 2026
- Jul 2026
Auction Results available by 4pm the following day
Last updated 11 a.m. 16 Apr 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