Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
17 Nov
11.18
18 Nov
11.70
19 Nov
11.69
20 Nov
11.39
21 Nov
11.29
22 Nov
10.61
23 Nov
9.41
24 Nov
10.67
25 Nov
10.55
26 Nov
9.70
27 Nov
8.29
28 Nov
10.28
29 Nov
9.59
30 Nov
8.83
17 Nov
11.50
18 Nov
11.45
19 Nov
11.50
20 Nov
11.49
21 Nov
11.51
22 Nov
11.54
23 Nov
11.49
24 Nov
11.50
25 Nov
11.51
26 Nov
11.49
27 Nov
11.39
28 Nov
11.38
29 Nov
11.33
30 Nov
11.25
17 Nov
14.00
18 Nov
13.89
19 Nov
13.82
20 Nov
13.73
21 Nov
13.57
22 Nov
13.07
23 Nov
12.86
24 Nov
12.80
25 Nov
12.74
26 Nov
12.68
27 Nov
12.60
28 Nov
12.54
29 Nov
12.48
30 Nov
12.43
17 Nov
16,030
18 Nov
16,200
19 Nov
16,280
20 Nov
19,050
21 Nov
17,270
22 Nov
17,750
23 Nov
24,800
24 Nov
16,570
25 Nov
16,260
26 Nov
21,050
27 Nov
25,000
28 Nov
14,100
29 Nov
18,350
30 Nov
20,500
Jan 26
2.96
Feb 26
36.83
Mar 26
11.51
Apr 26
14.07
May 26
10.05
Jun 26
10.50
Jul 26
10.70
Aug 26
10.37
Sep 26
8.50
Oct 26
8.00
Nov 26
8.61
Dec 26
6.50
Jan 27
6.00
Feb 27
32.16
17 Nov
62.65
18 Nov
125.91
19 Nov
100.49
20 Nov
76.36
21 Nov
6.66
22 Nov
18.01
23 Nov
16.09
24 Nov
59.07
25 Nov
76.67
26 Nov
47.07
27 Nov
79.18
28 Nov
30.72
29 Nov
4.81
30 Nov
12.59
17 Nov
70.56
18 Nov
144.58
19 Nov
115.91
20 Nov
91.24
21 Nov
7.66
22 Nov
19.73
23 Nov
17.69
24 Nov
68.49
25 Nov
88.53
26 Nov
57.39
27 Nov
106.98
28 Nov
37.37
29 Nov
5.55
30 Nov
14.68
17 Nov
51.43
18 Nov
110.79
19 Nov
87.87
20 Nov
68.19
21 Nov
6.40
22 Nov
16.98
23 Nov
14.49
24 Nov
55.37
25 Nov
71.47
26 Nov
40.09
27 Nov
71.25
28 Nov
28.51
29 Nov
4.61
30 Nov
11.96
17 Nov
212.6
18 Nov
221.3
19 Nov
222.3
20 Nov
221.8
21 Nov
220.6
22 Nov
203.0
23 Nov
199.0
24 Nov
218.7
25 Nov
222.0
26 Nov
225.3
27 Nov
228.8
28 Nov
222.1
29 Nov
202.3
30 Nov
204.5
18 Nov
0
19 Nov
1178
20 Nov
0
21 Nov
0
22 Nov
0
23 Nov
0
24 Nov
765
25 Nov
0
26 Nov
1665
27 Nov
2000
28 Nov
0
29 Nov
0
30 Nov
0
01 Dec
0
17 Nov
0.00
18 Nov
0.00
19 Nov
0.00
20 Nov
0.00
21 Nov
0.00
22 Nov
0.00
23 Nov
0.00
24 Nov
0.00
25 Nov
0.00
26 Nov
0.00
27 Nov
0.00
28 Nov
0.00
29 Nov
0.00
30 Nov
0.00
17 Nov
53.48
18 Nov
53.48
19 Nov
53.27
20 Nov
51.06
21 Nov
50.41
22 Nov
50.07
23 Nov
50.07
24 Nov
50.07
25 Nov
50.07
26 Nov
49.80
27 Nov
49.80
28 Nov
49.00
29 Nov
48.56
30 Nov
48.09
17 Nov
55.90
18 Nov
55.89
19 Nov
55.86
20 Nov
55.85
21 Nov
55.65
22 Nov
55.65
23 Nov
55.65
24 Nov
55.65
25 Nov
55.65
26 Nov
55.55
27 Nov
55.55
28 Nov
55.25
29 Nov
55.21
30 Nov
55.21
18 Nov
25.27
19 Nov
26.16
20 Nov
18.28
21 Nov
16.25
22 Nov
14.98
23 Nov
14.33
24 Nov
18.83
25 Nov
19.33
26 Nov
19.03
27 Nov
22.96
28 Nov
15.11
29 Nov
13.07
30 Nov
13.70
01 Dec
16.52
18 Nov
96.22
19 Nov
96.22
20 Nov
97.47
21 Nov
97.73
22 Nov
97.99
23 Nov
98.38
24 Nov
97.68
25 Nov
97.57
26 Nov
97.54
27 Nov
97.07
28 Nov
98.20
29 Nov
98.61
30 Nov
98.56
01 Dec
98.05
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2025 Dec | 2026 Jan | 2026 Feb | 2026 Jun | 2026 Jul | 2026 Aug |
| $0.17 | $0.48 | $2.51 | $1.25 | $1.20 | $1.20 |
BEN ➔ HAY (OPT)
| 2025 Dec | 2026 Jan | 2026 Feb | 2026 Jun | 2026 Jul | 2026 Aug |
| $2.69 | $2.96 | $36.83 | $10.50 | $10.70 | $10.37 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 8 a.m. 24 Nov 2025
December: Primary
Wed, 10, December 2025
12p.m. - 4:30PM
December: Primary
Wed, 10, December 2025
12PM - 4:30PM
- Dec 2027
- Nov 2027
- Oct 2027
- Mar 2027
- Feb 2027
- Jan 2027
December: Variation
Wed, 17, December 2025
12p.m. - 4:30PM
December: Variation
Wed, 17, December 2025
12PM - 4:30PM
- Sep 2026
- Aug 2026
- Jul 2026
- Mar 2026
- Feb 2026
- Jan 2026
Auction Results available by 4pm the following day
Last updated 8 a.m. 24 Nov 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