Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
04 May
15.19
05 May
13.58
06 May
10.98
07 May
8.94
08 May
3.83
09 May
8.54
10 May
7.49
11 May
11.19
12 May
11.30
13 May
8.38
14 May
11.14
15 May
11.82
16 May
13.24
17 May
13.33
04 May
16.36
05 May
16.29
06 May
16.14
07 May
16.09
08 May
15.60
09 May
15.23
10 May
14.88
11 May
14.74
12 May
14.62
13 May
14.37
14 May
14.22
15 May
14.18
16 May
14.14
17 May
14.08
04 May
14.04
05 May
14.05
06 May
14.05
07 May
14.02
08 May
13.81
09 May
13.75
10 May
13.72
11 May
13.75
12 May
13.74
13 May
13.67
14 May
13.64
15 May
13.63
16 May
13.63
17 May
13.67
04 May
12,530
05 May
7,750
06 May
11,250
07 May
11,930
08 May
26,430
09 May
28,650
10 May
19,995
11 May
12,850
12 May
10,760
13 May
15,850
14 May
11,765
15 May
10,180
16 May
14,450
17 May
15,688
Jun 26
1.70
Jul 26
2.90
Aug 26
7.68
Sep 26
3.92
Oct 26
3.78
Nov 26
3.38
Dec 26
3.72
Jan 27
3.75
Feb 27
32.90
Mar 27
16.27
Apr 27
6.53
May 27
7.38
Jun 27
6.68
Jul 27
5.41
04 May
61.67
05 May
59.24
06 May
47.46
07 May
27.61
08 May
51.57
09 May
5.81
10 May
6.92
11 May
41.61
12 May
68.09
13 May
64.06
14 May
71.58
15 May
70.56
16 May
65.22
17 May
85.01
04 May
66.44
05 May
62.39
06 May
47.01
07 May
27.61
08 May
52.03
09 May
6.20
10 May
7.29
11 May
44.71
12 May
72.70
13 May
66.30
14 May
74.36
15 May
75.36
16 May
66.23
17 May
85.12
04 May
60.60
05 May
58.17
06 May
47.02
07 May
28.41
08 May
62.74
09 May
6.14
10 May
6.47
11 May
39.29
12 May
64.67
13 May
61.59
14 May
68.71
15 May
67.67
16 May
64.04
17 May
83.10
04 May
229.4
05 May
230.9
06 May
225.7
07 May
222.0
08 May
219.6
09 May
198.9
10 May
201.4
11 May
226.8
12 May
231.7
13 May
228.9
14 May
232.0
15 May
234.2
16 May
216.1
17 May
216.9
05 May
0
06 May
0
07 May
1314
08 May
15000
09 May
0
10 May
0
11 May
812
12 May
3618
13 May
0
14 May
504
15 May
771
16 May
0
17 May
0
18 May
0
04 May
0.00
05 May
0.00
06 May
0.00
07 May
0.00
08 May
52.00
09 May
0.00
10 May
0.00
11 May
0.00
12 May
50.00
13 May
0.00
14 May
0.00
15 May
0.00
16 May
0.00
17 May
0.00
04 May
46.66
05 May
47.03
06 May
47.15
07 May
47.15
08 May
47.21
09 May
47.21
10 May
47.33
11 May
47.76
12 May
47.76
13 May
47.82
14 May
48.26
15 May
49.51
16 May
49.52
17 May
49.52
04 May
45.05
05 May
45.41
06 May
45.58
07 May
45.59
08 May
45.59
09 May
45.59
10 May
45.59
11 May
45.90
12 May
46.10
13 May
46.26
14 May
46.59
15 May
46.62
16 May
46.62
17 May
46.62
05 May
60.35
06 May
62.40
07 May
52.71
08 May
50.14
09 May
41.78
10 May
36.62
11 May
61.72
12 May
61.10
13 May
49.45
14 May
50.17
15 May
49.78
16 May
53.02
17 May
52.01
18 May
69.92
05 May
91.33
06 May
90.88
07 May
92.76
08 May
93.29
09 May
95.58
10 May
97.28
11 May
93.85
12 May
92.71
13 May
93.31
14 May
92.90
15 May
92.89
16 May
92.25
17 May
92.46
18 May
90.71
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2027 Jun | 2027 Jul | 2027 Aug | 2028 Apr | 2028 May | 2028 Jun |
| $0.86 | $0.95 | $1.18 | $0.88 | $0.99 | $1.12 |
BEN ➔ HAY (OPT)
| 2027 Jun | 2027 Jul | 2027 Aug | 2028 Apr | 2028 May | 2028 Jun |
| $6.68 | $5.41 | $7.82 | $6.72 | $6.48 | $7.22 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 10 a.m. 14 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 10 a.m. 14 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