Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
15 May
21.00
16 May
18.24
17 May
17.77
18 May
17.10
19 May
19.61
20 May
19.19
21 May
18.50
22 May
19.12
23 May
18.95
24 May
17.73
25 May
16.52
26 May
17.53
27 May
19.37
28 May
18.72
15 May
20.52
16 May
20.54
17 May
20.59
18 May
20.62
19 May
20.68
20 May
20.75
21 May
20.80
22 May
21.01
23 May
21.07
24 May
21.08
25 May
21.22
26 May
21.16
27 May
20.45
28 May
20.17
15 May
20.34
16 May
20.40
17 May
20.47
18 May
20.49
19 May
20.51
20 May
20.51
21 May
20.51
22 May
20.50
23 May
20.49
24 May
20.46
25 May
20.44
26 May
20.38
27 May
20.38
28 May
20.37
15 May
5,150
16 May
8,400
17 May
4,050
18 May
5,250
19 May
7,380
20 May
8,900
21 May
10,700
22 May
8,595
23 May
9,120
24 May
11,550
25 May
7,250
26 May
11,100
27 May
7,030
28 May
8,125
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
Jun 25
1.33
Jul 25
1.48
Aug 25
1.40
Sep 25
2.74
Oct 25
0.80
Nov 25
0.90
Dec 25
0.76
Jan 26
0.76
Feb 26
2.50
Mar 26
1.70
Apr 26
1.27
May 26
1.61
Jun 26
1.17
Jul 26
1.28
Jun 25
5.35
Jul 25
4.50
Aug 25
6.70
Sep 25
13.73
Oct 25
6.60
Nov 25
4.83
Dec 25
4.00
Jan 26
5.11
Feb 26
28.03
Mar 26
16.64
Apr 26
16.93
May 26
14.54
Jun 26
11.37
Jul 26
12.00
15 May
92.83
16 May
66.22
17 May
55.88
18 May
101.16
19 May
152.41
20 May
185.61
21 May
182.57
22 May
150.45
23 May
148.93
24 May
181.82
25 May
93.02
26 May
130.52
27 May
180.20
28 May
204.35
15 May
101.48
16 May
72.58
17 May
59.64
18 May
104.12
19 May
160.70
20 May
193.04
21 May
190.90
22 May
160.78
23 May
160.33
24 May
184.53
25 May
94.90
26 May
139.98
27 May
186.45
28 May
212.08
15 May
92.66
16 May
65.39
17 May
55.92
18 May
106.84
19 May
150.53
20 May
181.38
21 May
177.00
22 May
146.35
23 May
141.91
24 May
178.61
25 May
97.51
26 May
128.37
27 May
122.76
28 May
200.11
15 May
225.0
16 May
217.4
17 May
200.1
18 May
200.7
19 May
227.4
20 May
234.6
21 May
231.9
22 May
237.1
23 May
229.6
24 May
212.6
25 May
206.8
26 May
221.4
27 May
224.5
28 May
234.8
16 May
1000
17 May
0
18 May
0
19 May
527
20 May
0
21 May
0
22 May
0
23 May
0
24 May
0
25 May
0
26 May
69
27 May
757
28 May
937
29 May
0
15 May
0.00
16 May
0.00
17 May
0.00
18 May
0.00
19 May
0.00
20 May
0.00
21 May
0.00
22 May
0.00
23 May
0.00
24 May
0.00
25 May
0.00
26 May
0.00
27 May
0.00
28 May
0.00
15 May
50.59
16 May
50.57
17 May
50.52
18 May
50.23
19 May
50.56
20 May
50.77
21 May
50.86
22 May
50.86
23 May
50.88
24 May
51.00
25 May
51.00
26 May
51.00
27 May
51.00
28 May
51.00
15 May
57.35
16 May
57.31
17 May
57.31
18 May
57.31
19 May
57.29
20 May
57.04
21 May
57.04
22 May
57.03
23 May
57.03
24 May
57.03
25 May
57.03
26 May
56.97
27 May
56.85
28 May
56.81
16 May
82.57
17 May
75.61
18 May
73.85
19 May
90.96
20 May
119.34
21 May
125.97
22 May
119.70
23 May
118.74
24 May
108.29
25 May
89.42
26 May
84.56
27 May
116.51
28 May
96.29
29 May
72.80
16 May
87.58
17 May
89.48
18 May
89.42
19 May
86.14
20 May
83.40
21 May
82.85
22 May
83.45
23 May
83.84
24 May
85.24
25 May
87.98
26 May
88.11
27 May
84.51
28 May
86.36
29 May
89.32
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2025 Jun | 2025 Jul | 2025 Aug | 2025 Dec | 2026 Jan | 2026 Feb |
| $1.33 | $1.48 | $1.40 | $0.76 | $0.76 | $2.50 |
BEN ➔ HAY (OPT)
| 2025 Jun | 2025 Jul | 2025 Aug | 2025 Dec | 2026 Jan | 2026 Feb |
| $5.35 | $4.50 | $6.70 | $4.00 | $5.11 | $28.03 |
Total bids awarded
Latest Auction Stats
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Last updated 9 a.m. 23 May 2025
June: Primary
Wed, 11, June 2025
12p.m. - 4:30PM
June: Primary
Wed, 11, June 2025
12PM - 4:30PM
- Jul 2026
- Aug 2026
- Sep 2026
- Apr 2027
- May 2027
- Jun 2027
June: Variation
Wed, 18, June 2025
12p.m. - 4:30PM
June: Variation
Wed, 18, June 2025
12PM - 4:30PM
- Jul 2025
- Aug 2025
- Sep 2025
- Jan 2026
- Feb 2026
- Mar 2026
Auction Results available 4pm the following day
Last updated 9 a.m. 23 May 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