Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
23 Mar
14.53
24 Mar
14.67
25 Mar
15.09
26 Mar
14.52
27 Mar
14.51
28 Mar
14.52
29 Mar
14.34
30 Mar
15.88
31 Mar
15.89
01 Apr
18.11
02 Apr
15.73
03 Apr
15.60
04 Apr
17.21
05 Apr
18.03
23 Mar
10.95
24 Mar
11.17
25 Mar
11.46
26 Mar
11.63
27 Mar
11.86
28 Mar
12.01
29 Mar
12.11
30 Mar
12.20
31 Mar
12.51
01 Apr
13.08
02 Apr
13.32
03 Apr
13.52
04 Apr
14.07
05 Apr
14.27
23 Mar
8.97
24 Mar
9.03
25 Mar
9.07
26 Mar
9.13
27 Mar
9.20
28 Mar
9.27
29 Mar
9.32
30 Mar
9.35
31 Mar
9.40
01 Apr
9.51
02 Apr
9.68
03 Apr
9.85
04 Apr
9.99
05 Apr
10.10
23 Mar
9,750
24 Mar
11,180
25 Mar
7,950
26 Mar
13,710
27 Mar
21,450
28 Mar
21,030
29 Mar
16,685
30 Mar
5,200
31 Mar
7,060
01 Apr
13,900
02 Apr
19,160
03 Apr
24,440
04 Apr
15,140
05 Apr
12,560
Jul 26
10.08
Aug 26
7.68
Sep 26
3.92
Oct 26
3.78
Nov 26
2.92
Dec 26
5.60
Jan 27
6.01
Feb 27
32.90
Mar 27
16.27
Apr 27
6.53
May 27
7.35
Jun 27
9.11
Jul 27
8.90
Aug 27
9.16
24 May
1146.42
25 May
4847.47
26 May
4287.68
27 May
6751.29
28 May
8483.04
29 May
15488.25
30 May
828.44
31 May
97.35
01 Jun
1046.15
02 Jun
2289.78
03 Jun
5505.94
04 Jun
5611.68
05 Jun
853.54
06 Jun
1652.98
24 May
1121.39
25 May
4698.55
26 May
4288.70
27 May
6562.45
28 May
9668.46
29 May
18951.53
30 May
1035.71
31 May
124.81
01 Jun
1339.58
02 Jun
2923.27
03 Jun
6835.35
04 Jun
7313.74
05 Jun
1152.35
06 Jun
2103.21
24 May
36.74
25 May
25.88
26 May
30.11
27 May
0.02
28 May
11.24
29 May
6.18
30 May
20.82
31 May
72.91
01 Jun
17.49
02 Jun
53.25
03 Jun
30.95
04 Jun
12.56
05 Jun
37.77
06 Jun
23.00
24 May
211.4
25 May
236.0
26 May
239.8
27 May
241.3
28 May
238.9
29 May
236.5
30 May
218.0
31 May
204.6
01 Jun
202.7
02 Jun
220.8
03 Jun
229.5
04 Jun
234.3
05 Jun
228.1
06 Jun
211.7
24 Mar
287
25 Mar
364
26 Mar
150
27 Mar
100
28 Mar
0
29 Mar
0
30 Mar
500
31 Mar
1144
01 Apr
656
02 Apr
0
03 Apr
0
04 Apr
0
05 Apr
0
06 Apr
0
23 Mar
0.00
24 Mar
0.00
25 Mar
0.00
26 Mar
0.00
27 Mar
0.00
28 Mar
0.00
29 Mar
0.00
30 Mar
0.00
31 Mar
0.00
01 Apr
0.00
02 Apr
0.00
03 Apr
0.00
04 Apr
0.00
05 Apr
0.00
23 Mar
43.92
24 Mar
43.85
25 Mar
43.78
26 Mar
43.72
27 Mar
43.50
28 Mar
43.45
29 Mar
43.24
30 Mar
43.11
31 Mar
43.09
01 Apr
43.02
02 Apr
42.88
03 Apr
42.78
04 Apr
42.78
05 Apr
42.78
23 Mar
39.52
24 Mar
39.53
25 Mar
39.53
26 Mar
39.54
27 Mar
39.56
28 Mar
39.56
29 Mar
39.56
30 Mar
39.57
31 Mar
39.57
01 Apr
39.60
02 Apr
39.65
03 Apr
39.65
04 Apr
39.65
05 Apr
39.65
25 May
55.95
26 May
52.83
27 May
55.11
28 May
55.91
29 May
53.03
30 May
55.81
31 May
53.64
01 Jun
55.59
02 Jun
52.00
03 Jun
51.52
04 Jun
45.50
05 Jun
46.04
06 Jun
47.19
07 Jun
47.18
25 May
91.85
26 May
92.12
27 May
91.81
28 May
92.08
29 May
92.56
30 May
91.94
31 May
92.33
01 Jun
92.25
02 Jun
92.53
03 Jun
92.70
04 Jun
93.86
05 Jun
93.68
06 Jun
95.11
07 Jun
95.52
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2027 Jun | 2027 Jul | 2027 Aug |
| $0.81 | $1.56 | $1.46 |
BEN ➔ HAY (OPT)
| 2027 Jun | 2027 Jul | 2027 Aug |
| $9.11 | $8.90 | $9.16 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 9 a.m. 15 May 2026
May: Primary
Wed, 13, May 2026
12p.m. - 4:30PM
May: Primary
Wed, 13, May 2026
12PM - 4:30PM
- Jun 2028
- May 2028
- Apr 2028
- Aug 2027
- Jul 2027
- Jun 2027
May: Variation
Wed, 20, May 2026
12p.m. - 4:30PM
May: Variation
Wed, 20, May 2026
12PM - 4:30PM
- Feb 2027
- Jan 2027
- Dec 2026
- Aug 2026
- Jul 2026
- Jun 2026
Auction Results available by 4pm the following day
Last updated 9 a.m. 15 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