Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
14 Sep
16.68
15 Sep
16.76
16 Sep
16.61
17 Sep
16.98
18 Sep
15.90
19 Sep
15.77
20 Sep
15.83
21 Sep
15.73
22 Sep
15.02
23 Sep
15.14
24 Sep
14.76
25 Sep
16.07
26 Sep
19.73
27 Sep
14.86
14 Sep
16.20
15 Sep
16.24
16 Sep
16.31
17 Sep
16.29
18 Sep
16.22
19 Sep
16.11
20 Sep
16.03
21 Sep
15.95
22 Sep
15.83
23 Sep
15.74
24 Sep
15.59
25 Sep
15.58
26 Sep
15.80
27 Sep
15.80
14 Sep
15.58
15 Sep
15.65
16 Sep
15.69
17 Sep
15.77
18 Sep
15.84
19 Sep
15.89
20 Sep
15.99
21 Sep
16.10
22 Sep
16.17
23 Sep
16.21
24 Sep
16.22
25 Sep
16.25
26 Sep
16.36
27 Sep
16.41
14 Sep
19,200
15 Sep
13,500
16 Sep
13,450
17 Sep
14,000
18 Sep
22,915
19 Sep
19,490
20 Sep
17,970
21 Sep
19,740
22 Sep
18,500
23 Sep
21,700
24 Sep
36,000
25 Sep
43,810
26 Sep
33,915
27 Sep
16,920
Oct 26
5.00
Nov 26
4.76
Dec 26
3.39
Jan 27
1.80
Feb 27
28.64
Mar 27
21.04
Apr 27
3.72
May 27
5.64
Jun 27
9.63
Jul 27
4.89
Aug 27
6.21
Sep 27
5.94
Oct 27
3.91
Nov 27
5.96
14 Sep
65.47
15 Sep
31.65
16 Sep
43.25
17 Sep
46.32
18 Sep
73.83
19 Sep
8.35
20 Sep
17.86
21 Sep
28.49
22 Sep
52.90
23 Sep
61.97
24 Sep
83.76
25 Sep
73.61
26 Sep
32.09
27 Sep
63.09
14 Sep
76.47
15 Sep
38.34
16 Sep
52.56
17 Sep
53.69
18 Sep
85.56
19 Sep
9.55
20 Sep
20.43
21 Sep
35.12
22 Sep
63.23
23 Sep
73.30
24 Sep
97.60
25 Sep
86.15
26 Sep
38.91
27 Sep
73.12
14 Sep
40.15
15 Sep
24.84
16 Sep
39.52
17 Sep
40.72
18 Sep
37.22
19 Sep
7.81
20 Sep
14.58
21 Sep
16.52
22 Sep
25.20
23 Sep
46.97
24 Sep
64.00
25 Sep
60.49
26 Sep
17.04
27 Sep
20.47
14 Sep
224.1
15 Sep
224.8
16 Sep
233.2
17 Sep
235.4
18 Sep
224.9
19 Sep
208.6
20 Sep
205.7
21 Sep
228.3
22 Sep
232.0
23 Sep
239.8
24 Sep
240.2
25 Sep
237.1
26 Sep
216.9
27 Sep
221.7
15 Sep
1360
16 Sep
2761
17 Sep
1300
18 Sep
0
19 Sep
0
20 Sep
0
21 Sep
0
22 Sep
2100
23 Sep
0
24 Sep
0
25 Sep
7368
26 Sep
0
27 Sep
0
28 Sep
0
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
25 Sep
0.00
26 Sep
0.00
27 Sep
0.00
14 Sep
50.15
15 Sep
50.15
16 Sep
49.47
17 Sep
49.55
18 Sep
49.73
19 Sep
49.73
20 Sep
49.58
21 Sep
49.70
22 Sep
49.70
23 Sep
49.70
24 Sep
49.91
25 Sep
49.84
26 Sep
49.84
27 Sep
49.57
14 Sep
53.20
15 Sep
53.22
16 Sep
53.10
17 Sep
53.07
18 Sep
53.00
19 Sep
53.00
20 Sep
53.00
21 Sep
52.98
22 Sep
52.97
23 Sep
52.96
24 Sep
52.90
25 Sep
52.82
26 Sep
52.82
27 Sep
52.82
15 Sep
33.58
16 Sep
32.06
17 Sep
33.40
18 Sep
35.40
19 Sep
31.46
20 Sep
32.48
21 Sep
31.70
22 Sep
34.40
23 Sep
33.87
24 Sep
40.60
25 Sep
32.67
26 Sep
27.77
27 Sep
30.30
28 Sep
34.46
15 Sep
97.82
16 Sep
97.88
17 Sep
97.72
18 Sep
97.30
19 Sep
98.28
20 Sep
98.22
21 Sep
97.94
22 Sep
97.33
23 Sep
97.32
24 Sep
96.19
25 Sep
97.78
26 Sep
98.79
27 Sep
98.25
28 Sep
97.61
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2026 Oct | 2026 Nov | 2026 Dec | 2027 Apr | 2027 May | 2027 Jun |
| $0.05 | $0.09 | $0.14 | $0.53 | $0.57 | $0.64 |
BEN ➔ HAY (OPT)
| 2026 Oct | 2026 Nov | 2026 Dec | 2027 Apr | 2027 May | 2027 Jun |
| $5.00 | $4.76 | $3.39 | $3.72 | $5.64 | $9.63 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 8 a.m. 28 Sep 2026
October: Primary
Wed, 14, October 2026
12p.m. - 4:30PM
October: Primary
Wed, 14, October 2026
12PM - 4:30PM
- Dec 2028
- Nov 2028
- Oct 2028
- Jan 2028
- Dec 2027
- Nov 2027
October: Variation
Wed, 21, October 2026
12p.m. - 4:30PM
October: Variation
Wed, 21, October 2026
12PM - 4:30PM
- Jul 2027
- Jun 2027
- May 2027
- Jan 2027
- Dec 2026
- Nov 2026
Auction Results available by 4pm the following day
Last updated 8 a.m. 28 Sep 2026
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