Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
Daily VWAP (Delivered)
$ 8.06 /GJ
▼ 0.98 %
26 Dec
7.25
27 Dec
7.37
28 Dec
7.67
29 Dec
8.03
30 Dec
8.09
31 Dec
8.03
01 Jan
8.29
02 Jan
7.86
03 Jan
7.68
04 Jan
7.88
05 Jan
8.43
06 Jan
8.01
07 Jan
8.14
08 Jan
8.06
FRMI - (Monthly Price Index)
$ 8.04 /GJ
▲ 0.8 %
26 Dec
7.73
27 Dec
7.73
28 Dec
7.72
29 Dec
7.70
30 Dec
7.68
31 Dec
7.72
01 Jan
7.76
02 Jan
7.78
03 Jan
7.88
04 Jan
7.89
05 Jan
7.93
06 Jan
7.95
07 Jan
7.97
08 Jan
8.04
FRQI - (Quarterly Price Index)
$ 8.21 /GJ
▲ 0.31 %
26 Dec
8.23
27 Dec
8.20
28 Dec
8.15
29 Dec
8.15
30 Dec
8.14
31 Dec
8.12
01 Jan
8.08
02 Jan
8.07
03 Jan
8.07
04 Jan
8.07
05 Jan
8.11
06 Jan
8.14
07 Jan
8.18
08 Jan
8.21
Daily Volume (Delivered)
10,781 GJ
▲ 7.37 %
26 Dec
18,280
27 Dec
19,675
28 Dec
20,115
29 Dec
18,050
30 Dec
23,745
31 Dec
21,325
01 Jan
7,500
02 Jan
9,470
03 Jan
9,650
04 Jan
9,110
05 Jan
6,910
06 Jan
14,321
07 Jan
10,041
08 Jan
10,781
Carbon emissions index
123.29
▼ 0.01 %
12 Oct
123.33
13 Oct
123.32
14 Oct
123.28
15 Oct
123.27
16 Oct
123.28
17 Oct
123.29
18 Oct
123.26
19 Oct
123.32
20 Oct
123.30
21 Oct
123.29
22 Oct
123.30
23 Oct
123.29
24 Oct
123.30
25 Oct
123.29
HAY ➔ BEN
$ 8.52 /MW
▲ 2740.0 %
Feb 25
8.52
Mar 25
1.80
Apr 25
1.43
May 25
0.93
Jun 25
0.97
Jul 25
1.14
Aug 25
1.13
Sep 25
0.94
Oct 25
1.15
Nov 25
0.82
Dec 25
0.68
Jan 26
0.66
Feb 26
2.91
Mar 26
1.73
BEN ➔ HAY
$ 31.90 /MW
▲ 403.95 %
Feb 25
31.90
Mar 25
24.42
Apr 25
7.85
May 25
8.29
Jun 25
12.08
Jul 25
14.21
Aug 25
14.47
Sep 25
13.92
Oct 25
10.39
Nov 25
11.09
Dec 25
9.15
Jan 26
9.38
Feb 26
30.03
Mar 26
19.84
Average Price
$ 58.88 /MWh
▲ 281.59 %
26 Dec
3.58
27 Dec
2.61
28 Dec
4.54
29 Dec
3.81
30 Dec
3.82
31 Dec
3.77
01 Jan
0.76
02 Jan
0.59
03 Jan
0.35
04 Jan
0.17
05 Jan
0.33
06 Jan
5.46
07 Jan
15.43
08 Jan
58.88
Average Price
$ 68.56 /MWh
▲ 286.25 %
26 Dec
3.86
27 Dec
2.90
28 Dec
4.83
29 Dec
4.22
30 Dec
4.35
31 Dec
4.03
01 Jan
0.87
02 Jan
0.66
03 Jan
0.40
04 Jan
0.18
05 Jan
0.36
06 Jan
6.33
07 Jan
17.75
08 Jan
68.56
Average Price
$ 55.27 /MWh
▲ 363.67 %
26 Dec
3.44
27 Dec
2.60
28 Dec
4.35
29 Dec
3.68
30 Dec
3.61
31 Dec
3.68
01 Jan
0.55
02 Jan
0.45
03 Jan
0.31
04 Jan
0.16
05 Jan
0.31
06 Jan
4.81
07 Jan
11.92
08 Jan
55.27
National Demand
198.3 GW
▲ 2.69 %
26 Dec
174.7
27 Dec
178.6
28 Dec
173.0
29 Dec
174.7
30 Dec
182.1
31 Dec
181.2
01 Jan
174.0
02 Jan
173.3
03 Jan
181.5
04 Jan
175.1
05 Jan
177.6
06 Jan
192.2
07 Jan
193.1
08 Jan
198.3
Daily Volume (Traded)
0 NZU
▼ 100.0 %
27 Dec
244
28 Dec
0
29 Dec
0
30 Dec
0
31 Dec
1168
01 Jan
0
02 Jan
0
03 Jan
506
04 Jan
0
05 Jan
0
06 Jan
1200
07 Jan
0
08 Jan
850
09 Jan
0
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
26 Dec
0.00
27 Dec
0.00
28 Dec
0.00
29 Dec
0.00
30 Dec
0.00
31 Dec
0.00
01 Jan
0.00
02 Jan
0.00
03 Jan
0.00
04 Jan
0.00
05 Jan
0.00
06 Jan
0.00
07 Jan
0.00
08 Jan
0.00
ECMI (Monthly Price Index)
$ 62.00 NZU
▼ 0.02 %
26 Dec
62.95
27 Dec
62.94
28 Dec
62.94
29 Dec
62.94
30 Dec
62.84
31 Dec
62.84
01 Jan
62.84
02 Jan
62.80
03 Jan
62.80
04 Jan
62.79
05 Jan
62.32
06 Jan
62.01
07 Jan
62.01
08 Jan
62.00
ECQI (Quarterly Price Index)
$ 63.00 NZU
▲ 0.01 %
26 Dec
62.84
27 Dec
62.86
28 Dec
62.91
29 Dec
62.91
30 Dec
62.91
31 Dec
62.91
01 Jan
62.96
02 Jan
62.98
03 Jan
62.98
04 Jan
62.98
05 Jan
62.99
06 Jan
62.99
07 Jan
62.99
08 Jan
63.00
35.36 gkWh
▲ 2.14 %
27 Dec
30.46
28 Dec
34.49
29 Dec
35.43
30 Dec
33.00
31 Dec
38.69
01 Jan
39.29
02 Jan
39.48
03 Jan
35.87
04 Jan
40.22
05 Jan
39.66
06 Jan
35.25
07 Jan
33.67
08 Jan
34.62
09 Jan
35.36
97.64 %
▲ 0.35 %
27 Dec
97.68
28 Dec
97.35
29 Dec
97.14
30 Dec
97.43
31 Dec
96.40
01 Jan
96.44
02 Jan
96.52
03 Jan
96.91
04 Jan
96.29
05 Jan
96.54
06 Jan
97.27
07 Jan
97.54
08 Jan
97.30
09 Jan
97.64
Daily VWAP (Delivered)
$ 8.06 /GJ
▼ 0.98 %
FRMI - (Monthly Price Index)
$ 8.04 /GJ
▲ 0.8 %
FRQI - (Quarterly Price Index)
$ 8.21 /GJ
▲ 0.31 %
Daily Volume (Delivered)
10,781 GJ
▲ 7.37 %
Carbon emissions index
123.29
▼ 0.01 %
HAY ➔ BEN
$ 0.79 /MW
▼ 5.95 %
BEN ➔ HAY
$ 9.53 /MW
▼ 3.64 %
Average Price
$ 58.88 /MWh
▲ 281.59 %
Average Price
$ 68.56 /MWh
▲ 286.25 %
Average Price
$ 55.27 /MWh
▲ 363.67 %
National Demand
198.3 GW
▲ 2.69 %
Daily Volume (Traded)
0 NZU
▼ 100.0 %
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
ECMI (Monthly Price Index)
$ 62.00 NZU
▼ 0.02 %
ECQI (Quarterly Price Index)
$ 63.00 NZU
▲ 0.01 %
35.36 gkWh
▲ 2.14 %
97.64 %
▲ 0.35 %
26 Dec
7.25
27 Dec
7.37
28 Dec
7.67
29 Dec
8.03
30 Dec
8.09
31 Dec
8.03
01 Jan
8.29
02 Jan
7.86
03 Jan
7.68
04 Jan
7.88
05 Jan
8.43
06 Jan
8.01
07 Jan
8.14
08 Jan
8.06
26 Dec
7.73
27 Dec
7.73
28 Dec
7.72
29 Dec
7.70
30 Dec
7.68
31 Dec
7.72
01 Jan
7.76
02 Jan
7.78
03 Jan
7.88
04 Jan
7.89
05 Jan
7.93
06 Jan
7.95
07 Jan
7.97
08 Jan
8.04
26 Dec
8.23
27 Dec
8.20
28 Dec
8.15
29 Dec
8.15
30 Dec
8.14
31 Dec
8.12
01 Jan
8.08
02 Jan
8.07
03 Jan
8.07
04 Jan
8.07
05 Jan
8.11
06 Jan
8.14
07 Jan
8.18
08 Jan
8.21
26 Dec
18,280
27 Dec
19,675
28 Dec
20,115
29 Dec
18,050
30 Dec
23,745
31 Dec
21,325
01 Jan
7,500
02 Jan
9,470
03 Jan
9,650
04 Jan
9,110
05 Jan
6,910
06 Jan
14,321
07 Jan
10,041
08 Jan
10,781
12 Oct
123.33
13 Oct
123.32
14 Oct
123.28
15 Oct
123.27
16 Oct
123.28
17 Oct
123.29
18 Oct
123.26
19 Oct
123.32
20 Oct
123.30
21 Oct
123.29
22 Oct
123.30
23 Oct
123.29
24 Oct
123.30
25 Oct
123.29
Feb 25
8.52
Mar 25
1.80
Apr 25
1.43
May 25
0.93
Jun 25
0.97
Jul 25
1.14
Aug 25
1.13
Sep 25
0.94
Oct 25
1.15
Nov 25
0.82
Dec 25
0.68
Jan 26
0.66
Feb 26
2.91
Mar 26
1.73
Feb 25
31.90
Mar 25
24.42
Apr 25
7.85
May 25
8.29
Jun 25
12.08
Jul 25
14.21
Aug 25
14.47
Sep 25
13.92
Oct 25
10.39
Nov 25
11.09
Dec 25
9.15
Jan 26
9.38
Feb 26
30.03
Mar 26
19.84
26 Dec
3.58
27 Dec
2.61
28 Dec
4.54
29 Dec
3.81
30 Dec
3.82
31 Dec
3.77
01 Jan
0.76
02 Jan
0.59
03 Jan
0.35
04 Jan
0.17
05 Jan
0.33
06 Jan
5.46
07 Jan
15.43
08 Jan
58.88
26 Dec
3.86
27 Dec
2.90
28 Dec
4.83
29 Dec
4.22
30 Dec
4.35
31 Dec
4.03
01 Jan
0.87
02 Jan
0.66
03 Jan
0.40
04 Jan
0.18
05 Jan
0.36
06 Jan
6.33
07 Jan
17.75
08 Jan
68.56
26 Dec
3.44
27 Dec
2.60
28 Dec
4.35
29 Dec
3.68
30 Dec
3.61
31 Dec
3.68
01 Jan
0.55
02 Jan
0.45
03 Jan
0.31
04 Jan
0.16
05 Jan
0.31
06 Jan
4.81
07 Jan
11.92
08 Jan
55.27
26 Dec
174.7
27 Dec
178.6
28 Dec
173.0
29 Dec
174.7
30 Dec
182.1
31 Dec
181.2
01 Jan
174.0
02 Jan
173.3
03 Jan
181.5
04 Jan
175.1
05 Jan
177.6
06 Jan
192.2
07 Jan
193.1
08 Jan
198.3
27 Dec
244
28 Dec
0
29 Dec
0
30 Dec
0
31 Dec
1168
01 Jan
0
02 Jan
0
03 Jan
506
04 Jan
0
05 Jan
0
06 Jan
1200
07 Jan
0
08 Jan
850
09 Jan
0
26 Dec
0.00
27 Dec
0.00
28 Dec
0.00
29 Dec
0.00
30 Dec
0.00
31 Dec
0.00
01 Jan
0.00
02 Jan
0.00
03 Jan
0.00
04 Jan
0.00
05 Jan
0.00
06 Jan
0.00
07 Jan
0.00
08 Jan
0.00
26 Dec
62.95
27 Dec
62.94
28 Dec
62.94
29 Dec
62.94
30 Dec
62.84
31 Dec
62.84
01 Jan
62.84
02 Jan
62.80
03 Jan
62.80
04 Jan
62.79
05 Jan
62.32
06 Jan
62.01
07 Jan
62.01
08 Jan
62.00
26 Dec
62.84
27 Dec
62.86
28 Dec
62.91
29 Dec
62.91
30 Dec
62.91
31 Dec
62.91
01 Jan
62.96
02 Jan
62.98
03 Jan
62.98
04 Jan
62.98
05 Jan
62.99
06 Jan
62.99
07 Jan
62.99
08 Jan
63.00
27 Dec
30.46
28 Dec
34.49
29 Dec
35.43
30 Dec
33.00
31 Dec
38.69
01 Jan
39.29
02 Jan
39.48
03 Jan
35.87
04 Jan
40.22
05 Jan
39.66
06 Jan
35.25
07 Jan
33.67
08 Jan
34.62
09 Jan
35.36
27 Dec
97.68
28 Dec
97.35
29 Dec
97.14
30 Dec
97.43
31 Dec
96.40
01 Jan
96.44
02 Jan
96.52
03 Jan
96.91
04 Jan
96.29
05 Jan
96.54
06 Jan
97.27
07 Jan
97.54
08 Jan
97.30
09 Jan
97.64
Latest Auction Results
Variation December 2024
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
2025 Jan | 2025 Feb | 2025 Mar | 2025 Jul | 2025 Aug | 2025 Sep |
$0.30 | $8.52 | $1.80 | $1.14 | $1.13 | $0.94 |
BEN ➔ HAY (OPT)
2025 Jan | 2025 Feb | 2025 Mar | 2025 Jul | 2025 Aug | 2025 Sep |
$6.33 | $31.90 | $24.42 | $14.21 | $14.47 | $13.92 |
Product | Hedge type | 2025 Jan | 2025 Feb | 2025 Mar | 2025 Jul | 2025 Aug | 2025 Sep |
---|---|---|---|---|---|---|---|
HAY ➔ BEN | OPT | $0.30 | $8.52 | $1.80 | $1.14 | $1.13 | $0.94 |
BEN ➔ HAY | OPT | $6.33 | $31.90 | $24.42 | $14.21 | $14.47 | $13.92 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 11 a.m. 19 Dec 2024
FTR Manager
Auction Notice
January: Primary
Wed, 15, January 2025
12p.m. - 4:30PM
January: Primary
Wed, 15, January 2025
12PM - 4:30PM
- Jan 2027
- Feb 2027
- Mar 2027
- Feb 2026
- Mar 2026
- Apr 2026
January: Variation
Wed, 22, January 2025
12p.m. - 4:30PM
January: Variation
Wed, 22, January 2025
12PM - 4:30PM
- Feb 2025
- Mar 2025
- Apr 2025
- Aug 2025
- Sep 2025
- Oct 2025
Auction Results available 4pm the following day
Last updated 11 a.m. 19 Dec 2024
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