Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
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
16 Nov
9.85
17 Nov
11.18
18 Nov
11.70
19 Nov
11.69
20 Nov
11.39
21 Nov
11.29
22 Nov
10.61
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
16 Nov
11.57
17 Nov
11.50
18 Nov
11.45
19 Nov
11.50
20 Nov
11.49
21 Nov
11.51
22 Nov
11.54
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
16 Nov
14.07
17 Nov
14.00
18 Nov
13.89
19 Nov
13.82
20 Nov
13.73
21 Nov
13.57
22 Nov
13.07
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
16 Nov
38,580
17 Nov
16,030
18 Nov
16,200
19 Nov
16,280
20 Nov
19,050
21 Nov
17,270
22 Nov
17,750
Dec 25
2.69
Jan 26
2.96
Feb 26
36.83
Mar 26
11.51
Apr 26
14.07
May 26
10.05
Jun 26
10.50
Jul 26
10.70
Aug 26
10.37
Sep 26
8.50
Oct 26
8.00
Nov 26
8.61
Dec 26
6.50
Jan 27
6.00
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
16 Nov
5.48
17 Nov
62.65
18 Nov
125.91
19 Nov
100.49
20 Nov
76.36
21 Nov
6.66
22 Nov
18.01
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
16 Nov
6.07
17 Nov
70.56
18 Nov
144.58
19 Nov
115.91
20 Nov
91.24
21 Nov
7.66
22 Nov
19.73
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
16 Nov
5.10
17 Nov
51.43
18 Nov
110.79
19 Nov
87.87
20 Nov
68.19
21 Nov
6.40
22 Nov
16.98
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
16 Nov
190.0
17 Nov
212.6
18 Nov
221.3
19 Nov
222.3
20 Nov
221.8
21 Nov
220.6
22 Nov
203.0
10 Nov
48
11 Nov
121
12 Nov
1677
13 Nov
678
14 Nov
0
15 Nov
0
16 Nov
0
17 Nov
115
18 Nov
0
19 Nov
1178
20 Nov
0
21 Nov
0
22 Nov
0
23 Nov
0
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
16 Nov
0.00
17 Nov
0.00
18 Nov
0.00
19 Nov
0.00
20 Nov
0.00
21 Nov
0.00
22 Nov
0.00
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
16 Nov
53.78
17 Nov
53.48
18 Nov
53.48
19 Nov
53.27
20 Nov
51.06
21 Nov
50.41
22 Nov
50.07
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
16 Nov
56.02
17 Nov
55.90
18 Nov
55.89
19 Nov
55.86
20 Nov
55.85
21 Nov
55.65
22 Nov
55.65
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
15.96
17 Nov
20.28
18 Nov
25.27
19 Nov
26.16
20 Nov
18.28
21 Nov
16.25
22 Nov
14.98
23 Nov
13.70
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
97.84
17 Nov
97.03
18 Nov
96.22
19 Nov
96.22
20 Nov
97.47
21 Nov
97.73
22 Nov
97.99
23 Nov
98.55
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2025 Dec | 2026 Jan | 2026 Feb | 2026 Jun | 2026 Jul | 2026 Aug |
| $0.17 | $0.48 | $2.51 | $1.25 | $1.20 | $1.20 |
BEN ➔ HAY (OPT)
| 2025 Dec | 2026 Jan | 2026 Feb | 2026 Jun | 2026 Jul | 2026 Aug |
| $2.69 | $2.96 | $36.83 | $10.50 | $10.70 | $10.37 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 11 a.m. 20 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. 20 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