Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
02 Nov
13.14
03 Nov
14.90
04 Nov
14.08
05 Nov
14.22
06 Nov
14.15
07 Nov
13.46
08 Nov
9.98
09 Nov
8.25
10 Nov
12.21
11 Nov
12.07
12 Nov
12.69
13 Nov
11.90
14 Nov
10.34
15 Nov
9.47
02 Nov
12.26
03 Nov
12.33
04 Nov
12.35
05 Nov
12.37
06 Nov
12.39
07 Nov
12.36
08 Nov
12.22
09 Nov
12.01
10 Nov
11.97
11 Nov
11.92
12 Nov
11.94
13 Nov
11.90
14 Nov
11.80
15 Nov
11.68
02 Nov
14.97
03 Nov
14.96
04 Nov
14.93
05 Nov
14.90
06 Nov
14.86
07 Nov
14.81
08 Nov
14.72
09 Nov
14.62
10 Nov
14.60
11 Nov
14.52
12 Nov
14.47
13 Nov
14.42
14 Nov
14.31
15 Nov
14.21
02 Nov
38,364
03 Nov
39,520
04 Nov
30,600
05 Nov
30,500
06 Nov
32,150
07 Nov
29,945
08 Nov
34,550
09 Nov
36,400
10 Nov
26,430
11 Nov
44,930
12 Nov
34,581
13 Nov
27,730
14 Nov
32,850
15 Nov
35,100
Dec 25
3.75
Jan 26
2.97
Feb 26
31.73
Mar 26
11.51
Apr 26
14.07
May 26
10.05
Jun 26
10.31
Jul 26
10.09
Aug 26
9.07
Sep 26
8.50
Oct 26
8.00
Nov 26
8.61
Dec 26
6.50
Jan 27
6.00
02 Nov
4.09
03 Nov
71.68
04 Nov
78.21
05 Nov
111.55
06 Nov
89.55
07 Nov
120.07
08 Nov
80.49
09 Nov
83.68
10 Nov
121.77
11 Nov
92.39
12 Nov
87.79
13 Nov
67.62
14 Nov
34.86
15 Nov
8.56
02 Nov
4.49
03 Nov
83.60
04 Nov
92.96
05 Nov
129.76
06 Nov
108.65
07 Nov
143.02
08 Nov
93.28
09 Nov
95.14
10 Nov
141.29
11 Nov
111.59
12 Nov
108.86
13 Nov
78.12
14 Nov
47.48
15 Nov
9.99
02 Nov
3.97
03 Nov
67.54
04 Nov
74.58
05 Nov
104.34
06 Nov
84.81
07 Nov
111.64
08 Nov
77.18
09 Nov
79.74
10 Nov
116.38
11 Nov
79.41
12 Nov
81.84
13 Nov
64.54
14 Nov
24.30
15 Nov
8.25
02 Nov
198.5
03 Nov
215.9
04 Nov
220.2
05 Nov
220.5
06 Nov
222.6
07 Nov
220.6
08 Nov
203.2
09 Nov
201.9
10 Nov
222.4
11 Nov
219.0
12 Nov
220.7
13 Nov
220.1
14 Nov
207.5
15 Nov
194.5
03 Nov
830
04 Nov
500
05 Nov
2000
06 Nov
0
07 Nov
20
08 Nov
0
09 Nov
0
10 Nov
48
11 Nov
121
12 Nov
1677
13 Nov
678
14 Nov
0
15 Nov
0
16 Nov
0
02 Nov
0.00
03 Nov
0.00
04 Nov
0.00
05 Nov
0.00
06 Nov
0.00
07 Nov
0.00
08 Nov
0.00
09 Nov
0.00
10 Nov
0.00
11 Nov
0.00
12 Nov
0.00
13 Nov
0.00
14 Nov
0.00
15 Nov
0.00
02 Nov
56.00
03 Nov
55.72
04 Nov
55.72
05 Nov
55.57
06 Nov
55.50
07 Nov
54.85
08 Nov
54.62
09 Nov
54.60
10 Nov
54.60
11 Nov
54.59
12 Nov
54.57
13 Nov
54.52
14 Nov
53.99
15 Nov
53.91
02 Nov
56.67
03 Nov
56.54
04 Nov
56.54
05 Nov
56.50
06 Nov
56.46
07 Nov
56.29
08 Nov
56.29
09 Nov
56.29
10 Nov
56.29
11 Nov
56.29
12 Nov
56.28
13 Nov
56.26
14 Nov
56.02
15 Nov
56.02
03 Nov
20.86
04 Nov
25.56
05 Nov
29.99
06 Nov
26.25
07 Nov
28.55
08 Nov
15.66
09 Nov
17.96
10 Nov
28.15
11 Nov
27.47
12 Nov
24.02
13 Nov
20.40
14 Nov
15.29
15 Nov
15.20
16 Nov
16.12
03 Nov
97.45
04 Nov
96.88
05 Nov
95.77
06 Nov
96.38
07 Nov
96.09
08 Nov
98.17
09 Nov
97.80
10 Nov
95.93
11 Nov
96.09
12 Nov
96.70
13 Nov
97.42
14 Nov
98.19
15 Nov
97.98
16 Nov
97.86
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2026 Dec | 2027 Jan | 2027 Feb | 2027 Oct | 2027 Nov | 2027 Dec |
| $0.82 | $0.89 | $2.50 | $0.85 | $0.90 | $0.77 |
BEN ➔ HAY (OPT)
| 2026 Dec | 2027 Jan | 2027 Feb | 2027 Oct | 2027 Nov | 2027 Dec |
| $6.50 | $6.00 | $32.16 | $8.60 | $9.75 | $8.95 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 11 a.m. 13 Nov 2025
November: Primary
Wed, 12, November 2025
12p.m. - 4:30PM
November: Primary
Wed, 12, November 2025
12PM - 4:30PM
- Dec 2027
- Nov 2027
- Oct 2027
- Feb 2027
- Jan 2027
- Dec 2026
November: Variation
Wed, 19, November 2025
12p.m. - 4:30PM
November: Variation
Wed, 19, November 2025
12PM - 4:30PM
- Aug 2026
- Jul 2026
- Jun 2026
- Feb 2026
- Jan 2026
- Dec 2025
Auction Results available by 4pm the following day
Last updated 11 a.m. 13 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