Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
11 Sep
15.96
12 Sep
16.23
13 Sep
15.78
14 Sep
15.26
15 Sep
14.78
16 Sep
14.14
17 Sep
14.16
18 Sep
13.51
19 Sep
13.50
20 Sep
14.53
21 Sep
12.07
22 Sep
13.64
23 Sep
13.36
24 Sep
13.69
11 Sep
19.96
12 Sep
19.89
13 Sep
19.74
14 Sep
19.63
15 Sep
19.39
16 Sep
19.13
17 Sep
18.84
18 Sep
18.54
19 Sep
18.17
20 Sep
17.65
21 Sep
15.86
22 Sep
15.31
23 Sep
15.16
24 Sep
15.02
11 Sep
16.47
12 Sep
16.45
13 Sep
16.45
14 Sep
16.45
15 Sep
16.44
16 Sep
16.40
17 Sep
16.37
18 Sep
16.32
19 Sep
16.28
20 Sep
16.27
21 Sep
16.24
22 Sep
16.25
23 Sep
16.23
24 Sep
16.21
11 Sep
22,700
12 Sep
19,400
13 Sep
18,250
14 Sep
17,300
15 Sep
17,920
16 Sep
22,675
17 Sep
18,545
18 Sep
24,270
19 Sep
24,950
20 Sep
18,200
21 Sep
17,950
22 Sep
15,130
23 Sep
15,730
24 Sep
15,150
Oct 25
5.08
Nov 25
5.00
Dec 25
4.81
Jan 26
4.86
Feb 26
31.73
Mar 26
11.51
Apr 26
14.07
May 26
10.80
Jun 26
10.62
Jul 26
10.88
Aug 26
9.07
Sep 26
8.50
Oct 26
8.00
Nov 26
8.38
11 Sep
174.14
12 Sep
184.32
13 Sep
177.27
14 Sep
180.73
15 Sep
158.82
16 Sep
123.78
17 Sep
81.23
18 Sep
99.60
19 Sep
105.25
20 Sep
92.21
21 Sep
15.68
22 Sep
69.28
23 Sep
50.23
24 Sep
81.67
11 Sep
180.05
12 Sep
189.32
13 Sep
177.18
14 Sep
177.13
15 Sep
163.65
16 Sep
129.69
17 Sep
86.98
18 Sep
112.09
19 Sep
114.19
20 Sep
97.35
21 Sep
17.47
22 Sep
76.63
23 Sep
53.94
24 Sep
86.69
11 Sep
172.31
12 Sep
179.42
13 Sep
178.73
14 Sep
181.36
15 Sep
159.01
16 Sep
122.48
17 Sep
79.76
18 Sep
96.46
19 Sep
100.91
20 Sep
88.74
21 Sep
15.12
22 Sep
66.23
23 Sep
48.56
24 Sep
77.82
11 Sep
238.3
12 Sep
243.0
13 Sep
223.3
14 Sep
215.6
15 Sep
230.9
16 Sep
226.3
17 Sep
224.6
18 Sep
230.8
19 Sep
233.0
20 Sep
216.8
21 Sep
210.6
22 Sep
225.6
23 Sep
228.2
24 Sep
231.0
12 Sep
500
13 Sep
0
14 Sep
0
15 Sep
0
16 Sep
535
17 Sep
1286
18 Sep
0
19 Sep
1081
20 Sep
0
21 Sep
0
22 Sep
1000
23 Sep
4600
24 Sep
3250
25 Sep
0
11 Sep
0.00
12 Sep
0.00
13 Sep
0.00
14 Sep
0.00
15 Sep
0.00
16 Sep
0.00
17 Sep
0.00
18 Sep
0.00
19 Sep
0.00
20 Sep
0.00
21 Sep
0.00
22 Sep
0.00
23 Sep
0.00
24 Sep
0.00
11 Sep
56.88
12 Sep
56.94
13 Sep
56.94
14 Sep
56.94
15 Sep
56.97
16 Sep
57.00
17 Sep
57.01
18 Sep
57.06
19 Sep
57.16
20 Sep
57.16
21 Sep
57.16
22 Sep
57.16
23 Sep
57.16
24 Sep
57.14
11 Sep
57.07
12 Sep
57.10
13 Sep
57.10
14 Sep
57.10
15 Sep
57.11
16 Sep
57.13
17 Sep
57.15
18 Sep
57.15
19 Sep
57.18
20 Sep
57.18
21 Sep
57.18
22 Sep
57.18
23 Sep
57.16
24 Sep
57.15
12 Sep
88.28
13 Sep
54.60
14 Sep
72.85
15 Sep
81.51
16 Sep
71.12
17 Sep
49.69
18 Sep
46.72
19 Sep
68.47
20 Sep
66.67
21 Sep
48.19
22 Sep
47.40
23 Sep
46.90
24 Sep
46.67
25 Sep
49.07
12 Sep
87.85
13 Sep
91.79
14 Sep
89.61
15 Sep
88.77
16 Sep
90.17
17 Sep
92.38
18 Sep
93.24
19 Sep
90.04
20 Sep
91.09
21 Sep
92.77
22 Sep
92.90
23 Sep
93.47
24 Sep
93.41
25 Sep
93.28
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2025 Oct | 2025 Nov | 2025 Dec | 2026 Apr | 2026 May | 2026 Jun |
| $0.82 | $0.89 | $0.89 | $1.68 | $1.92 | $1.96 |
BEN ➔ HAY (OPT)
| 2025 Oct | 2025 Nov | 2025 Dec | 2026 Apr | 2026 May | 2026 Jun |
| $5.08 | $5.00 | $4.81 | $14.07 | $10.80 | $10.62 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 11 a.m. 18 Sep 2025
September: Primary
Wed, 10, September 2025
12p.m. - 4:30PM
September: Primary
Wed, 10, September 2025
12PM - 4:30PM
- Oct 2026
- Nov 2026
- Dec 2026
- Jul 2027
- Aug 2027
- Sep 2027
September: Variation
Wed, 17, September 2025
12p.m. - 4:30PM
September: Variation
Wed, 17, September 2025
12PM - 4:30PM
- Oct 2025
- Nov 2025
- Dec 2025
- Jun 2026
- May 2026
- Apr 2026
Auction Results available 4pm the following day
Last updated 11 a.m. 18 Sep 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