Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
12 Mar
18.85
13 Mar
18.16
14 Mar
18.21
15 Mar
17.81
16 Mar
20.76
17 Mar
21.72
18 Mar
20.40
19 Mar
18.48
20 Mar
19.18
21 Mar
19.13
22 Mar
18.88
23 Mar
19.02
24 Mar
20.93
25 Mar
21.35
12 Mar
18.22
13 Mar
18.26
14 Mar
18.28
15 Mar
18.34
16 Mar
18.52
17 Mar
18.84
18 Mar
19.13
19 Mar
19.18
20 Mar
19.25
21 Mar
19.29
22 Mar
19.30
23 Mar
19.31
24 Mar
19.37
25 Mar
19.43
12 Mar
11.61
13 Mar
11.72
14 Mar
11.80
15 Mar
11.96
16 Mar
12.11
17 Mar
12.27
18 Mar
12.40
19 Mar
12.57
20 Mar
12.73
21 Mar
12.91
22 Mar
13.06
23 Mar
13.26
24 Mar
13.43
25 Mar
13.59
12 Mar
6,545
13 Mar
18,170
14 Mar
15,325
15 Mar
16,520
16 Mar
10,100
17 Mar
9,580
18 Mar
8,355
19 Mar
16,320
20 Mar
7,255
21 Mar
15,150
22 Mar
12,245
23 Mar
12,430
24 Mar
8,605
25 Mar
5,720
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
Apr 25
2.60
May 25
2.85
Jun 25
2.42
Jul 25
1.14
Aug 25
1.33
Sep 25
2.74
Oct 25
0.80
Nov 25
0.85
Dec 25
0.75
Jan 26
0.66
Feb 26
2.43
Mar 26
1.70
Apr 26
1.27
May 26
1.44
Apr 25
6.39
May 25
4.81
Jun 25
7.09
Jul 25
14.21
Aug 25
12.37
Sep 25
13.73
Oct 25
6.60
Nov 25
5.85
Dec 25
5.77
Jan 26
9.38
Feb 26
30.87
Mar 26
16.64
Apr 26
16.93
May 26
15.79
12 Mar
342.91
13 Mar
317.33
14 Mar
291.10
15 Mar
228.81
16 Mar
243.37
17 Mar
299.39
18 Mar
286.54
19 Mar
281.88
20 Mar
265.33
21 Mar
270.51
22 Mar
232.23
23 Mar
163.85
24 Mar
288.79
25 Mar
347.18
12 Mar
339.59
13 Mar
311.66
14 Mar
288.37
15 Mar
221.74
16 Mar
237.59
17 Mar
303.88
18 Mar
286.52
19 Mar
281.54
20 Mar
265.67
21 Mar
269.47
22 Mar
224.59
23 Mar
162.90
24 Mar
299.45
25 Mar
356.71
12 Mar
350.15
13 Mar
327.01
14 Mar
292.50
15 Mar
242.83
16 Mar
252.86
17 Mar
309.20
18 Mar
295.56
19 Mar
283.38
20 Mar
270.38
21 Mar
271.38
22 Mar
238.74
23 Mar
189.73
24 Mar
291.89
25 Mar
341.31
12 Mar
214.4
13 Mar
211.0
14 Mar
207.1
15 Mar
190.1
16 Mar
188.7
17 Mar
213.4
18 Mar
215.5
19 Mar
213.7
20 Mar
211.4
21 Mar
207.6
22 Mar
191.8
23 Mar
187.4
24 Mar
209.5
25 Mar
210.1
13 Mar
5110
14 Mar
2496
15 Mar
0
16 Mar
0
17 Mar
4152
18 Mar
6029
19 Mar
124
20 Mar
2202
21 Mar
2736
22 Mar
0
23 Mar
0
24 Mar
4900
25 Mar
6200
26 Mar
0
12 Mar
0.00
13 Mar
0.00
14 Mar
0.00
15 Mar
0.00
16 Mar
0.00
17 Mar
0.00
18 Mar
0.00
19 Mar
0.00
20 Mar
0.00
21 Mar
0.00
22 Mar
0.00
23 Mar
0.00
24 Mar
59.00
25 Mar
0.00
12 Mar
62.78
13 Mar
62.75
14 Mar
62.66
15 Mar
62.60
16 Mar
62.59
17 Mar
62.32
18 Mar
62.17
19 Mar
61.86
20 Mar
61.51
21 Mar
61.49
22 Mar
61.49
23 Mar
61.48
24 Mar
61.38
25 Mar
61.27
12 Mar
62.77
13 Mar
62.77
14 Mar
62.75
15 Mar
62.75
16 Mar
62.75
17 Mar
62.65
18 Mar
62.61
19 Mar
62.47
20 Mar
62.29
21 Mar
62.29
22 Mar
62.29
23 Mar
62.29
24 Mar
62.23
25 Mar
62.16
13 Mar
184.34
14 Mar
181.79
15 Mar
144.99
16 Mar
146.63
17 Mar
162.63
18 Mar
153.82
19 Mar
163.16
20 Mar
155.62
21 Mar
161.02
22 Mar
155.55
23 Mar
126.63
24 Mar
139.13
25 Mar
139.08
26 Mar
150.52
13 Mar
74.56
14 Mar
74.42
15 Mar
79.28
16 Mar
78.27
17 Mar
77.02
18 Mar
77.84
19 Mar
77.26
20 Mar
78.55
21 Mar
77.31
22 Mar
78.21
23 Mar
81.24
24 Mar
79.30
25 Mar
79.22
26 Mar
78.15
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2025 Apr | 2025 May | 2025 Jun | 2025 Oct | 2025 Nov | 2025 Dec |
| $2.60 | $2.85 | $2.42 | $0.80 | $0.85 | $0.75 |
BEN ➔ HAY (OPT)
| 2025 Apr | 2025 May | 2025 Jun | 2025 Oct | 2025 Nov | 2025 Dec |
| $6.39 | $4.81 | $7.09 | $6.60 | $5.85 | $5.77 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 4 p.m. 24 Mar 2025
April: Primary
Wed, 9, April 2025
12p.m. - 4:30PM
April: Primary
Wed, 9, April 2025
12PM - 4:30PM
- May 2026
- Jun 2026
- Jul 2026
- Apr 2027
- May 2027
- Jun 2027
April: Variation
Wed, 16, April 2025
12p.m. - 4:30PM
April: Variation
Wed, 16, April 2025
12PM - 4:30PM
- May 2025
- Jun 2025
- Jul 2025
- Nov 2025
- Dec 2025
- Jan 2026
Auction Results available 4pm the following day
Last updated 4 p.m. 24 Mar 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