Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
Daily VWAP (Delivered)
$ 8.37 /GJ
▼ 0.0 %
30 Aug
14.55
31 Aug
9.98
01 Sep
9.64
02 Sep
4.18
03 Sep
6.07
04 Sep
7.04
05 Sep
6.39
06 Sep
7.60
07 Sep
8.11
08 Sep
6.39
09 Sep
7.64
10 Sep
7.95
11 Sep
8.37
12 Sep
8.37
FRMI - (Monthly Price Index)
$ 16.38 /GJ
▼ 7.75 %
30 Aug
39.85
31 Aug
38.89
01 Sep
37.67
02 Sep
35.38
03 Sep
33.98
04 Sep
31.68
05 Sep
28.79
06 Sep
26.82
07 Sep
25.17
08 Sep
22.77
09 Sep
20.97
10 Sep
19.44
11 Sep
17.76
12 Sep
16.38
FRQI - (Quarterly Price Index)
$ 29.31 /GJ
▼ 1.29 %
30 Aug
33.31
31 Aug
33.18
01 Sep
33.00
02 Sep
32.64
03 Sep
32.51
04 Sep
32.17
05 Sep
31.71
06 Sep
31.40
07 Sep
31.21
08 Sep
30.87
09 Sep
30.43
10 Sep
30.06
11 Sep
29.70
12 Sep
29.31
Daily Volume (Delivered)
17,000 GJ
▼ 4.12 %
30 Aug
8,950
31 Aug
7,660
01 Sep
9,670
02 Sep
17,170
03 Sep
11,208
04 Sep
16,120
05 Sep
18,920
06 Sep
13,970
07 Sep
9,420
08 Sep
16,420
09 Sep
20,400
10 Sep
17,750
11 Sep
17,730
12 Sep
17,000
Carbon emissions index
127.04
▼ 0.03 %
21 Aug
130.49
22 Aug
121.42
23 Aug
125.45
24 Aug
125.69
25 Aug
120.13
26 Aug
124.00
27 Aug
127.10
28 Aug
127.09
29 Aug
127.06
30 Aug
127.03
31 Aug
127.09
01 Sep
127.08
02 Sep
127.07
03 Sep
127.04
HAY ➔ BEN
$ 8.13 /MW
▼ 13.69 %
Oct 24
8.13
Nov 24
3.47
Dec 24
0.65
Jan 25
0.75
Feb 25
3.17
Mar 25
3.66
Apr 25
1.54
May 25
1.16
Jun 25
0.75
Jul 25
0.85
Aug 25
1.04
Sep 25
1.61
Oct 25
1.15
Nov 25
0.85
BEN ➔ HAY
$ 5.29 /MW
▲ 65.83 %
Oct 24
5.29
Nov 24
4.01
Dec 24
7.75
Jan 25
7.85
Feb 25
20.94
Mar 25
11.03
Apr 25
8.25
May 25
10.57
Jun 25
15.93
Jul 25
17.52
Aug 25
18.44
Sep 25
14.17
Oct 25
10.39
Nov 25
12.78
Average Price
$ 103.09 /MWh
▲ 141.65 %
29 Aug
92.73
30 Aug
18.95
31 Aug
3.79
01 Sep
1.02
02 Sep
2.78
03 Sep
5.89
04 Sep
46.91
05 Sep
48.01
06 Sep
12.52
07 Sep
6.77
08 Sep
4.86
09 Sep
24.26
10 Sep
42.66
11 Sep
103.09
Average Price
$ 110.04 /MWh
▲ 123.2 %
29 Aug
100.33
30 Aug
20.37
31 Aug
3.91
01 Sep
1.11
02 Sep
3.22
03 Sep
6.64
04 Sep
51.41
05 Sep
51.82
06 Sep
14.36
07 Sep
7.38
08 Sep
5.25
09 Sep
27.24
10 Sep
49.30
11 Sep
110.04
Average Price
$ 98.74 /MWh
▲ 139.78 %
29 Aug
92.21
30 Aug
18.94
31 Aug
3.76
01 Sep
1.01
02 Sep
3.32
03 Sep
5.69
04 Sep
45.48
05 Sep
45.12
06 Sep
11.95
07 Sep
6.61
08 Sep
4.80
09 Sep
23.47
10 Sep
41.18
11 Sep
98.74
National Demand
228.5 GW
▲ 3.58 %
30 Aug
214.1
31 Aug
199.8
01 Sep
190.4
02 Sep
208.9
03 Sep
215.7
04 Sep
220.9
05 Sep
222.7
06 Sep
219.9
07 Sep
199.2
08 Sep
195.5
09 Sep
217.3
10 Sep
217.8
11 Sep
220.6
12 Sep
228.5
Daily Volume (Traded)
0 NZU
▼ 100.0 %
31 Aug
0
01 Sep
0
02 Sep
3000
03 Sep
100
04 Sep
1175
05 Sep
2141
06 Sep
1080
07 Sep
0
08 Sep
0
09 Sep
874
10 Sep
1206
11 Sep
360
12 Sep
570
13 Sep
0
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
30 Aug
0.00
31 Aug
0.00
01 Sep
0.00
02 Sep
0.00
03 Sep
0.00
04 Sep
0.00
05 Sep
0.00
06 Sep
0.00
07 Sep
0.00
08 Sep
0.00
09 Sep
0.00
10 Sep
0.00
11 Sep
0.00
12 Sep
0.00
ECMI (Monthly Price Index)
$ 60.32 NZU
▲ 0.04 %
30 Aug
57.67
31 Aug
58.29
01 Sep
58.92
02 Sep
59.03
03 Sep
59.32
04 Sep
59.46
05 Sep
59.48
06 Sep
60.23
07 Sep
60.23
08 Sep
60.24
09 Sep
60.28
10 Sep
60.28
11 Sep
60.29
12 Sep
60.32
ECQI (Quarterly Price Index)
$ 56.10 NZU
▲ 0.09 %
30 Aug
54.85
31 Aug
54.99
01 Sep
54.99
02 Sep
55.14
03 Sep
55.51
04 Sep
55.67
05 Sep
55.69
06 Sep
55.81
07 Sep
55.82
08 Sep
55.82
09 Sep
55.91
10 Sep
55.96
11 Sep
56.04
12 Sep
56.10
53.22 gkWh
▼ 18.91 %
31 Aug
70.85
01 Sep
73.03
02 Sep
66.14
03 Sep
59.57
04 Sep
58.24
05 Sep
72.08
06 Sep
58.66
07 Sep
62.23
08 Sep
61.06
09 Sep
59.88
10 Sep
57.38
11 Sep
68.91
12 Sep
65.63
13 Sep
53.22
92.71 %
▲ 2.58 %
31 Aug
88.65
01 Sep
88.92
02 Sep
89.97
03 Sep
90.92
04 Sep
91.43
05 Sep
89.68
06 Sep
91.25
07 Sep
90.11
08 Sep
90.59
09 Sep
90.97
10 Sep
91.07
11 Sep
89.78
12 Sep
90.38
13 Sep
92.71
Daily VWAP (Delivered)
$ 8.37 /GJ
▼ 0.0 %
FRMI - (Monthly Price Index)
$ 16.38 /GJ
▼ 7.75 %
FRQI - (Quarterly Price Index)
$ 29.31 /GJ
▼ 1.29 %
Daily Volume (Delivered)
17,000 GJ
▼ 4.12 %
Carbon emissions index
127.04
▼ 0.03 %
HAY ➔ BEN
$ 0.79 /MW
▼ 5.95 %
BEN ➔ HAY
$ 9.53 /MW
▼ 3.64 %
Average Price
$ 103.09 /MWh
▲ 141.65 %
Average Price
$ 110.04 /MWh
▲ 123.2 %
Average Price
$ 98.74 /MWh
▲ 139.78 %
National Demand
228.5 GW
▲ 3.58 %
Daily Volume (Traded)
0 NZU
▼ 100.0 %
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
ECMI (Monthly Price Index)
$ 60.32 NZU
▲ 0.04 %
ECQI (Quarterly Price Index)
$ 56.10 NZU
▲ 0.09 %
53.22 gkWh
▼ 18.91 %
92.71 %
▲ 2.58 %
30 Aug
14.55
31 Aug
9.98
01 Sep
9.64
02 Sep
4.18
03 Sep
6.07
04 Sep
7.04
05 Sep
6.39
06 Sep
7.60
07 Sep
8.11
08 Sep
6.39
09 Sep
7.64
10 Sep
7.95
11 Sep
8.37
12 Sep
8.37
30 Aug
39.85
31 Aug
38.89
01 Sep
37.67
02 Sep
35.38
03 Sep
33.98
04 Sep
31.68
05 Sep
28.79
06 Sep
26.82
07 Sep
25.17
08 Sep
22.77
09 Sep
20.97
10 Sep
19.44
11 Sep
17.76
12 Sep
16.38
30 Aug
33.31
31 Aug
33.18
01 Sep
33.00
02 Sep
32.64
03 Sep
32.51
04 Sep
32.17
05 Sep
31.71
06 Sep
31.40
07 Sep
31.21
08 Sep
30.87
09 Sep
30.43
10 Sep
30.06
11 Sep
29.70
12 Sep
29.31
30 Aug
8,950
31 Aug
7,660
01 Sep
9,670
02 Sep
17,170
03 Sep
11,208
04 Sep
16,120
05 Sep
18,920
06 Sep
13,970
07 Sep
9,420
08 Sep
16,420
09 Sep
20,400
10 Sep
17,750
11 Sep
17,730
12 Sep
17,000
21 Aug
130.49
22 Aug
121.42
23 Aug
125.45
24 Aug
125.69
25 Aug
120.13
26 Aug
124.00
27 Aug
127.10
28 Aug
127.09
29 Aug
127.06
30 Aug
127.03
31 Aug
127.09
01 Sep
127.08
02 Sep
127.07
03 Sep
127.04
Oct 24
8.13
Nov 24
3.47
Dec 24
0.65
Jan 25
0.75
Feb 25
3.17
Mar 25
3.66
Apr 25
1.54
May 25
1.16
Jun 25
0.75
Jul 25
0.85
Aug 25
1.04
Sep 25
1.61
Oct 25
1.15
Nov 25
0.85
Oct 24
5.29
Nov 24
4.01
Dec 24
7.75
Jan 25
7.85
Feb 25
20.94
Mar 25
11.03
Apr 25
8.25
May 25
10.57
Jun 25
15.93
Jul 25
17.52
Aug 25
18.44
Sep 25
14.17
Oct 25
10.39
Nov 25
12.78
29 Aug
92.73
30 Aug
18.95
31 Aug
3.79
01 Sep
1.02
02 Sep
2.78
03 Sep
5.89
04 Sep
46.91
05 Sep
48.01
06 Sep
12.52
07 Sep
6.77
08 Sep
4.86
09 Sep
24.26
10 Sep
42.66
11 Sep
103.09
29 Aug
100.33
30 Aug
20.37
31 Aug
3.91
01 Sep
1.11
02 Sep
3.22
03 Sep
6.64
04 Sep
51.41
05 Sep
51.82
06 Sep
14.36
07 Sep
7.38
08 Sep
5.25
09 Sep
27.24
10 Sep
49.30
11 Sep
110.04
29 Aug
92.21
30 Aug
18.94
31 Aug
3.76
01 Sep
1.01
02 Sep
3.32
03 Sep
5.69
04 Sep
45.48
05 Sep
45.12
06 Sep
11.95
07 Sep
6.61
08 Sep
4.80
09 Sep
23.47
10 Sep
41.18
11 Sep
98.74
30 Aug
214.1
31 Aug
199.8
01 Sep
190.4
02 Sep
208.9
03 Sep
215.7
04 Sep
220.9
05 Sep
222.7
06 Sep
219.9
07 Sep
199.2
08 Sep
195.5
09 Sep
217.3
10 Sep
217.8
11 Sep
220.6
12 Sep
228.5
31 Aug
0
01 Sep
0
02 Sep
3000
03 Sep
100
04 Sep
1175
05 Sep
2141
06 Sep
1080
07 Sep
0
08 Sep
0
09 Sep
874
10 Sep
1206
11 Sep
360
12 Sep
570
13 Sep
0
30 Aug
0.00
31 Aug
0.00
01 Sep
0.00
02 Sep
0.00
03 Sep
0.00
04 Sep
0.00
05 Sep
0.00
06 Sep
0.00
07 Sep
0.00
08 Sep
0.00
09 Sep
0.00
10 Sep
0.00
11 Sep
0.00
12 Sep
0.00
30 Aug
57.67
31 Aug
58.29
01 Sep
58.92
02 Sep
59.03
03 Sep
59.32
04 Sep
59.46
05 Sep
59.48
06 Sep
60.23
07 Sep
60.23
08 Sep
60.24
09 Sep
60.28
10 Sep
60.28
11 Sep
60.29
12 Sep
60.32
30 Aug
54.85
31 Aug
54.99
01 Sep
54.99
02 Sep
55.14
03 Sep
55.51
04 Sep
55.67
05 Sep
55.69
06 Sep
55.81
07 Sep
55.82
08 Sep
55.82
09 Sep
55.91
10 Sep
55.96
11 Sep
56.04
12 Sep
56.10
31 Aug
70.85
01 Sep
73.03
02 Sep
66.14
03 Sep
59.57
04 Sep
58.24
05 Sep
72.08
06 Sep
58.66
07 Sep
62.23
08 Sep
61.06
09 Sep
59.88
10 Sep
57.38
11 Sep
68.91
12 Sep
65.63
13 Sep
53.22
31 Aug
88.65
01 Sep
88.92
02 Sep
89.97
03 Sep
90.92
04 Sep
91.43
05 Sep
89.68
06 Sep
91.25
07 Sep
90.11
08 Sep
90.59
09 Sep
90.97
10 Sep
91.07
11 Sep
89.78
12 Sep
90.38
13 Sep
92.71
Latest Auction Results
Primary September 2024
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
2025 Oct | 2025 Nov | 2025 Dec | 2026 Jul | 2026 Aug | 2026 Sep |
$1.15 | $0.85 | $0.71 | $1.55 | $1.30 | $1.20 |
BEN ➔ HAY (OPT)
2025 Oct | 2025 Nov | 2025 Dec | 2026 Jul | 2026 Aug | 2026 Sep |
$10.39 | $12.78 | $10.27 | $14.55 | $13.94 | $13.64 |
Product | Hedge type | 2025 Oct | 2025 Nov | 2025 Dec | 2026 Jul | 2026 Aug | 2026 Sep |
---|---|---|---|---|---|---|---|
HAY ➔ BEN | OPT | $1.15 | $0.85 | $0.71 | $1.55 | $1.30 | $1.20 |
BEN ➔ HAY | OPT | $10.39 | $12.78 | $10.27 | $14.55 | $13.94 | $13.64 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 11 a.m. 12 Sep 2024
FTR Manager
Auction Notice
September: Primary
Wed, 11, September 2024
12p.m. - 4:30PM
September: Primary
Wed, 11, September 2024
12PM - 4:30PM
- Oct 2025
- Nov 2025
- Dec 2025
- Jul 2026
- Aug 2026
- Sep 2026
September: Variation
Wed, 18, September 2024
12p.m. - 4:30PM
September: Variation
Wed, 18, September 2024
12PM - 4:30PM
- Oct 2024
- Nov 2024
- Dec 2024
- Apr 2025
- May 2025
- Jun 2025
Auction Results available 4pm the following day
Last updated 11 a.m. 12 Sep 2024
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