Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
26 Jun
16.00
27 Jun
12.89
28 Jun
13.48
29 Jun
13.51
30 Jun
11.18
01 Jul
11.06
02 Jul
14.71
03 Jul
16.29
04 Jul
13.60
05 Jul
14.47
06 Jul
12.90
07 Jul
14.45
08 Jul
15.11
09 Jul
14.85
26 Jun
16.98
27 Jun
16.65
28 Jun
16.49
29 Jun
16.44
30 Jun
16.41
01 Jul
16.25
02 Jul
16.21
03 Jul
16.18
04 Jul
16.10
05 Jul
16.00
06 Jul
15.89
07 Jul
15.72
08 Jul
15.62
09 Jul
15.51
26 Jun
19.30
27 Jun
19.06
28 Jun
18.96
29 Jun
18.86
30 Jun
18.67
01 Jul
18.58
02 Jul
18.34
03 Jul
18.19
04 Jul
17.97
05 Jul
17.90
06 Jul
17.86
07 Jul
17.77
08 Jul
17.71
09 Jul
17.63
26 Jun
18,150
27 Jun
32,900
28 Jun
17,500
29 Jun
14,500
30 Jun
13,590
01 Jul
14,100
02 Jul
16,940
03 Jul
12,380
04 Jul
21,100
05 Jul
18,640
06 Jul
12,990
07 Jul
25,900
08 Jul
22,650
09 Jul
27,090
Aug 25
5.45
Sep 25
8.52
Oct 25
6.60
Nov 25
4.83
Dec 25
4.00
Jan 26
4.86
Feb 26
28.72
Mar 26
12.71
Apr 26
16.93
May 26
14.54
Jun 26
11.37
Jul 26
10.88
Aug 26
9.07
Sep 26
9.84
26 Jun
56.13
27 Jun
93.99
28 Jun
26.29
29 Jun
22.82
30 Jun
14.40
01 Jul
133.76
02 Jul
184.46
03 Jul
133.88
04 Jul
40.98
05 Jul
3.62
06 Jul
49.26
07 Jul
39.86
08 Jul
48.58
09 Jul
96.62
26 Jun
59.85
27 Jun
96.56
28 Jun
25.93
29 Jun
23.27
30 Jun
14.94
01 Jul
139.59
02 Jul
186.07
03 Jul
135.91
04 Jul
40.51
05 Jul
3.43
06 Jul
48.68
07 Jul
41.73
08 Jul
51.84
09 Jul
103.05
26 Jun
56.20
27 Jun
91.36
28 Jun
26.34
29 Jun
22.39
30 Jun
14.87
01 Jul
127.09
02 Jul
180.31
03 Jul
130.51
04 Jul
41.24
05 Jul
6.50
06 Jul
49.69
07 Jul
39.43
08 Jul
46.37
09 Jul
91.73
26 Jun
227.9
27 Jun
230.7
28 Jun
215.9
29 Jun
213.5
30 Jun
236.5
01 Jul
244.4
02 Jul
253.8
03 Jul
248.7
04 Jul
230.3
05 Jul
211.8
06 Jul
217.5
07 Jul
250.1
08 Jul
251.8
09 Jul
249.5
27 Jun
0
28 Jun
0
29 Jun
0
30 Jun
225
01 Jul
0
02 Jul
0
03 Jul
1495
04 Jul
1366
05 Jul
0
06 Jul
0
07 Jul
595
08 Jul
650
09 Jul
1300
10 Jul
0
26 Jun
0.00
27 Jun
0.00
28 Jun
0.00
29 Jun
0.00
30 Jun
0.00
01 Jul
0.00
02 Jul
0.00
03 Jul
0.00
04 Jul
0.00
05 Jul
0.00
06 Jul
0.00
07 Jul
0.00
08 Jul
0.00
09 Jul
0.00
26 Jun
56.25
27 Jun
56.26
28 Jun
56.33
29 Jun
56.37
30 Jun
56.37
01 Jul
56.37
02 Jul
56.39
03 Jul
56.39
04 Jul
56.46
05 Jul
56.55
06 Jul
56.68
07 Jul
56.70
08 Jul
56.72
09 Jul
56.73
26 Jun
54.37
27 Jun
54.34
28 Jun
54.34
29 Jun
54.34
30 Jun
54.12
01 Jul
54.12
02 Jul
54.05
03 Jul
54.04
04 Jul
53.83
05 Jul
53.78
06 Jul
53.78
07 Jul
53.85
08 Jul
53.81
09 Jul
53.82
27 Jun
61.10
28 Jun
56.75
29 Jun
57.29
30 Jun
43.74
01 Jul
55.08
02 Jul
63.62
03 Jul
50.64
04 Jul
44.94
05 Jul
47.24
06 Jul
46.70
07 Jul
60.30
08 Jul
55.75
09 Jul
52.86
10 Jul
41.63
27 Jun
89.57
28 Jun
91.24
29 Jun
91.43
30 Jun
94.45
01 Jul
92.74
02 Jul
91.26
03 Jul
92.79
04 Jul
93.73
05 Jul
93.50
06 Jul
93.73
07 Jul
92.01
08 Jul
92.36
09 Jul
91.78
10 Jul
92.62
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2026 Aug | 2026 Sep | 2026 Oct | 2027 Jul | 2027 Aug | 2027 Sep |
| $1.49 | $1.13 | $1.01 | $1.24 | $1.21 | $1.06 |
BEN ➔ HAY (OPT)
| 2026 Aug | 2026 Sep | 2026 Oct | 2027 Jul | 2027 Aug | 2027 Sep |
| $9.07 | $9.84 | $9.22 | $7.87 | $7.92 | $8.02 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 11 a.m. 10 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. 10 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