Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
20 Mar
19.18
21 Mar
19.13
22 Mar
18.88
23 Mar
19.02
24 Mar
20.93
25 Mar
21.35
26 Mar
21.58
27 Mar
22.31
28 Mar
23.45
29 Mar
21.48
30 Mar
21.88
31 Mar
29.44
01 Apr
28.25
02 Apr
26.48
20 Mar
19.25
21 Mar
19.29
22 Mar
19.30
23 Mar
19.31
24 Mar
19.37
25 Mar
19.43
26 Mar
19.50
27 Mar
19.48
28 Mar
19.69
29 Mar
19.74
30 Mar
19.81
31 Mar
20.17
01 Apr
20.70
02 Apr
21.10
20 Mar
12.73
21 Mar
12.91
22 Mar
13.06
23 Mar
13.26
24 Mar
13.43
25 Mar
13.59
26 Mar
13.77
27 Mar
13.99
28 Mar
14.28
29 Mar
14.47
30 Mar
14.74
31 Mar
15.12
01 Apr
15.43
02 Apr
15.72
20 Mar
7,255
21 Mar
15,150
22 Mar
12,245
23 Mar
12,430
24 Mar
8,605
25 Mar
5,720
26 Mar
6,270
27 Mar
8,320
28 Mar
13,760
29 Mar
25,245
30 Mar
29,195
31 Mar
12,150
01 Apr
21,005
02 Apr
18,500
12 Oct
123.33
13 Oct
123.32
14 Oct
123.28
15 Oct
123.27
16 Oct
123.28
17 Oct
123.29
18 Oct
123.26
19 Oct
123.32
20 Oct
123.30
21 Oct
123.29
22 Oct
123.30
23 Oct
123.29
24 Oct
123.30
25 Oct
123.29
May 25
2.85
Jun 25
2.42
Jul 25
1.14
Aug 25
1.33
Sep 25
2.74
Oct 25
0.80
Nov 25
0.85
Dec 25
0.75
Jan 26
0.66
Feb 26
2.43
Mar 26
1.70
Apr 26
1.27
May 26
1.44
Jun 26
1.18
May 25
4.81
Jun 25
7.09
Jul 25
14.21
Aug 25
12.37
Sep 25
13.73
Oct 25
6.60
Nov 25
5.85
Dec 25
5.77
Jan 26
9.38
Feb 26
30.87
Mar 26
16.64
Apr 26
16.93
May 26
15.79
Jun 26
17.58
20 Mar
265.33
21 Mar
270.51
22 Mar
232.23
23 Mar
163.85
24 Mar
288.79
25 Mar
347.18
26 Mar
371.02
27 Mar
314.66
28 Mar
322.04
29 Mar
296.79
30 Mar
291.72
31 Mar
363.91
01 Apr
399.48
02 Apr
405.16
20 Mar
265.67
21 Mar
269.47
22 Mar
224.59
23 Mar
162.90
24 Mar
299.45
25 Mar
356.71
26 Mar
385.45
27 Mar
328.11
28 Mar
332.62
29 Mar
295.75
30 Mar
290.57
31 Mar
376.19
01 Apr
417.31
02 Apr
411.51
20 Mar
270.38
21 Mar
271.38
22 Mar
238.74
23 Mar
189.73
24 Mar
291.89
25 Mar
341.31
26 Mar
363.33
27 Mar
316.26
28 Mar
318.76
29 Mar
298.17
30 Mar
294.84
31 Mar
357.29
01 Apr
391.52
02 Apr
397.48
20 Mar
211.4
21 Mar
207.6
22 Mar
191.8
23 Mar
187.4
24 Mar
209.5
25 Mar
210.1
26 Mar
209.6
27 Mar
212.5
28 Mar
208.0
29 Mar
190.9
30 Mar
188.1
31 Mar
208.2
01 Apr
212.0
02 Apr
214.8
21 Mar
2736
22 Mar
0
23 Mar
0
24 Mar
4900
25 Mar
6200
26 Mar
1670
27 Mar
653
28 Mar
1247
29 Mar
0
30 Mar
0
31 Mar
377
01 Apr
5931
02 Apr
1561
03 Apr
0
20 Mar
0.00
21 Mar
0.00
22 Mar
0.00
23 Mar
0.00
24 Mar
59.00
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
20 Mar
61.51
21 Mar
61.49
22 Mar
61.49
23 Mar
61.48
24 Mar
61.38
25 Mar
61.27
26 Mar
61.20
27 Mar
60.81
28 Mar
60.57
29 Mar
60.53
30 Mar
60.53
31 Mar
60.09
01 Apr
60.07
02 Apr
59.78
20 Mar
62.29
21 Mar
62.29
22 Mar
62.29
23 Mar
62.29
24 Mar
62.23
25 Mar
62.16
26 Mar
62.12
27 Mar
61.91
28 Mar
61.82
29 Mar
61.82
30 Mar
61.82
31 Mar
61.73
01 Apr
61.70
02 Apr
61.69
21 Mar
161.02
22 Mar
155.55
23 Mar
126.63
24 Mar
139.13
25 Mar
139.08
26 Mar
144.68
27 Mar
143.42
28 Mar
144.22
29 Mar
142.64
30 Mar
144.08
31 Mar
135.75
01 Apr
133.79
02 Apr
148.93
03 Apr
155.84
21 Mar
77.31
22 Mar
78.21
23 Mar
81.24
24 Mar
79.30
25 Mar
79.22
26 Mar
78.26
27 Mar
78.81
28 Mar
78.44
29 Mar
78.79
30 Mar
79.15
31 Mar
80.01
01 Apr
82.19
02 Apr
81.80
03 Apr
80.92
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2025 Apr | 2025 May | 2025 Jun | 2025 Oct | 2025 Nov | 2025 Dec |
| $2.60 | $2.85 | $2.42 | $0.80 | $0.85 | $0.75 |
BEN ➔ HAY (OPT)
| 2025 Apr | 2025 May | 2025 Jun | 2025 Oct | 2025 Nov | 2025 Dec |
| $6.39 | $4.81 | $7.09 | $6.60 | $5.85 | $5.77 |
Total bids awarded
Latest Auction Stats
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Last updated 4 p.m. 24 Mar 2025
April: Primary
Wed, 9, April 2025
12p.m. - 4:30PM
April: Primary
Wed, 9, April 2025
12PM - 4:30PM
- May 2026
- Jun 2026
- Jul 2026
- Apr 2027
- May 2027
- Jun 2027
April: Variation
Wed, 16, April 2025
12p.m. - 4:30PM
April: Variation
Wed, 16, April 2025
12PM - 4:30PM
- May 2025
- Jun 2025
- Jul 2025
- Nov 2025
- Dec 2025
- Jan 2026
Auction Results available 4pm the following day
Last updated 4 p.m. 24 Mar 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