Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
22 May
12.38
23 May
13.16
24 May
11.84
25 May
11.93
26 May
12.11
27 May
12.79
28 May
13.16
29 May
12.81
30 May
12.26
31 May
12.00
01 Jun
12.05
02 Jun
11.18
03 Jun
8.59
04 Jun
6.68
22 May
13.65
23 May
13.52
24 May
13.35
25 May
13.12
26 May
12.96
27 May
12.83
28 May
12.68
29 May
12.42
30 May
12.15
31 May
11.79
01 Jun
11.32
02 Jun
11.05
03 Jun
10.83
04 Jun
10.59
22 May
13.69
23 May
13.72
24 May
13.77
25 May
13.76
26 May
13.76
27 May
13.76
28 May
13.77
29 May
13.77
30 May
13.81
31 May
13.88
01 Jun
13.87
02 Jun
13.87
03 Jun
13.81
04 Jun
13.80
22 May
11,570
23 May
8,850
24 May
12,765
25 May
14,250
26 May
15,250
27 May
17,300
28 May
12,750
29 May
14,750
30 May
20,270
31 May
13,255
01 Jun
17,230
02 Jun
14,500
03 Jun
20,235
04 Jun
28,255
Jul 26
1.82
Aug 26
2.67
Sep 26
3.92
Oct 26
3.78
Nov 26
3.38
Dec 26
2.94
Jan 27
2.56
Feb 27
29.77
Mar 27
16.27
Apr 27
6.53
May 27
7.38
Jun 27
6.68
Jul 27
5.41
Aug 27
7.82
22 May
109.68
23 May
83.25
24 May
60.27
25 May
103.99
26 May
100.78
27 May
115.63
28 May
100.15
29 May
111.97
30 May
91.24
31 May
25.66
01 Jun
61.10
02 Jun
44.36
03 Jun
45.12
04 Jun
23.09
22 May
117.26
23 May
86.37
24 May
61.98
25 May
111.46
26 May
110.48
27 May
125.04
28 May
109.16
29 May
117.67
30 May
90.17
31 May
25.67
01 Jun
63.47
02 Jun
44.74
03 Jun
48.70
04 Jun
25.62
22 May
103.99
23 May
80.93
24 May
58.77
25 May
100.15
26 May
96.35
27 May
110.03
28 May
95.04
29 May
106.59
30 May
89.65
31 May
26.09
01 Jun
60.13
02 Jun
44.60
03 Jun
43.00
04 Jun
22.60
22 May
228.2
23 May
211.6
24 May
208.8
25 May
232.7
26 May
237.1
27 May
238.6
28 May
236.6
29 May
234.7
30 May
215.9
31 May
202.1
01 Jun
200.5
02 Jun
218.5
03 Jun
226.6
04 Jun
230.9
23 May
0
24 May
0
25 May
2575
26 May
393
27 May
1000
28 May
1220
29 May
0
30 May
0
31 May
0
01 Jun
0
02 Jun
444
03 Jun
3995
04 Jun
3933
05 Jun
0
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
29 May
0.00
30 May
0.00
31 May
0.00
01 Jun
0.00
02 Jun
0.00
03 Jun
0.00
04 Jun
0.00
22 May
50.79
23 May
50.85
24 May
51.04
25 May
51.13
26 May
51.04
27 May
51.09
28 May
51.33
29 May
51.36
30 May
51.36
31 May
51.36
01 Jun
51.57
02 Jun
51.55
03 Jun
51.70
04 Jun
51.69
22 May
47.74
23 May
47.74
24 May
47.74
25 May
47.75
26 May
47.96
27 May
48.06
28 May
48.08
29 May
48.12
30 May
48.12
31 May
48.12
01 Jun
48.12
02 Jun
48.15
03 Jun
48.15
04 Jun
48.17
23 May
69.85
24 May
54.65
25 May
55.29
26 May
52.23
27 May
54.49
28 May
55.27
29 May
52.42
30 May
55.12
31 May
52.93
01 Jun
54.83
02 Jun
51.34
03 Jun
50.90
04 Jun
44.89
05 Jun
53.98
23 May
91.09
24 May
92.00
25 May
91.95
26 May
92.21
27 May
91.90
28 May
92.17
29 May
92.64
30 May
92.04
31 May
92.43
01 Jun
92.36
02 Jun
92.63
03 Jun
92.78
04 Jun
93.94
05 Jun
92.77
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2026 Jun | 2026 Jul | 2026 Aug | 2026 Dec | 2027 Jan | 2027 Feb |
| $0.81 | $0.93 | $1.00 | $0.47 | $0.57 | $2.86 |
BEN ➔ HAY (OPT)
| 2026 Jun | 2026 Jul | 2026 Aug | 2026 Dec | 2027 Jan | 2027 Feb |
| $1.23 | $1.82 | $2.67 | $2.94 | $2.56 | $29.77 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 11 a.m. 27 May 2026
June: Primary
Wed, 10, June 2026
12p.m. - 4:30PM
June: Primary
Wed, 10, June 2026
12PM - 4:30PM
- Jun 2028
- May 2028
- Apr 2028
- Sep 2027
- Aug 2027
- Jul 2027
June: Variation
Wed, 17, June 2026
12p.m. - 4:30PM
June: Variation
Wed, 17, June 2026
12PM - 4:30PM
- Mar 2027
- Feb 2027
- Jan 2027
- Sep 2026
- Aug 2026
- Jul 2026
Auction Results available by 4pm the following day
Last updated 11 a.m. 27 May 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