Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
Daily VWAP (Delivered)
$ 16.60 /GJ
▲ 8.9 %
10 Jan
8.18
11 Jan
8.44
12 Jan
8.55
13 Jan
9.58
14 Jan
9.41
15 Jan
9.65
16 Jan
9.45
17 Jan
10.16
18 Jan
10.83
19 Jan
10.84
20 Jan
11.52
21 Jan
12.39
22 Jan
15.24
23 Jan
16.60
FRMI - (Monthly Price Index)
$ 9.07 /GJ
▲ 1.88 %
10 Jan
8.17
11 Jan
8.21
12 Jan
8.18
13 Jan
8.23
14 Jan
8.27
15 Jan
8.31
16 Jan
8.31
17 Jan
8.37
18 Jan
8.49
19 Jan
8.59
20 Jan
8.59
21 Jan
8.72
22 Jan
8.91
23 Jan
9.07
FRQI - (Quarterly Price Index)
$ 8.25 /GJ
▲ 0.5 %
10 Jan
8.19
11 Jan
8.19
12 Jan
8.12
13 Jan
8.12
14 Jan
8.10
15 Jan
8.09
16 Jan
8.07
17 Jan
8.07
18 Jan
8.12
19 Jan
8.13
20 Jan
8.12
21 Jan
8.14
22 Jan
8.21
23 Jan
8.25
Daily Volume (Delivered)
7,190 GJ
▼ 39.83 %
10 Jan
16,571
11 Jan
9,710
12 Jan
11,540
13 Jan
23,595
14 Jan
18,560
15 Jan
15,775
16 Jan
14,400
17 Jan
19,260
18 Jan
24,840
19 Jan
23,470
20 Jan
4,455
21 Jan
12,880
22 Jan
11,950
23 Jan
7,190
Carbon emissions index
123.29
▼ 0.01 %
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
HAY ➔ BEN
$ 7.83 /MW
▲ 2510.0 %
Feb 25
7.83
Mar 25
1.82
Apr 25
1.00
May 25
0.93
Jun 25
0.97
Jul 25
1.14
Aug 25
1.33
Sep 25
1.41
Oct 25
0.72
Nov 25
0.82
Dec 25
0.68
Jan 26
0.66
Feb 26
2.43
Mar 26
1.50
BEN ➔ HAY
$ 33.68 /MW
▲ 432.07 %
Feb 25
33.68
Mar 25
20.17
Apr 25
8.18
May 25
8.29
Jun 25
12.08
Jul 25
14.21
Aug 25
12.37
Sep 25
11.49
Oct 25
9.10
Nov 25
11.09
Dec 25
9.15
Jan 26
9.38
Feb 26
30.87
Mar 26
18.03
Average Price
$ 191.28 /MWh
▲ 14.14 %
10 Jan
89.72
11 Jan
73.36
12 Jan
57.66
13 Jan
138.25
14 Jan
149.39
15 Jan
141.62
16 Jan
129.51
17 Jan
151.79
18 Jan
158.24
19 Jan
144.13
20 Jan
153.73
21 Jan
154.36
22 Jan
167.58
23 Jan
191.28
Average Price
$ 205.67 /MWh
▲ 12.57 %
10 Jan
104.06
11 Jan
80.32
12 Jan
62.23
13 Jan
151.79
14 Jan
162.87
15 Jan
157.50
16 Jan
147.63
17 Jan
171.28
18 Jan
171.42
19 Jan
152.55
20 Jan
168.49
21 Jan
166.30
22 Jan
182.71
23 Jan
205.67
Average Price
$ 188.27 /MWh
▲ 15.67 %
10 Jan
80.15
11 Jan
70.80
12 Jan
56.54
13 Jan
132.88
14 Jan
143.14
15 Jan
135.40
16 Jan
122.82
17 Jan
144.11
18 Jan
153.28
19 Jan
141.08
20 Jan
149.27
21 Jan
150.42
22 Jan
162.76
23 Jan
188.27
National Demand
217.8 GW
▲ 2.06 %
10 Jan
195.6
11 Jan
183.7
12 Jan
180.5
13 Jan
199.4
14 Jan
203.9
15 Jan
208.1
16 Jan
208.1
17 Jan
208.1
18 Jan
190.4
19 Jan
187.7
20 Jan
207.0
21 Jan
214.4
22 Jan
213.4
23 Jan
217.8
Daily Volume (Traded)
0 NZU
▼ 100.0 %
11 Jan
0
12 Jan
0
13 Jan
1775
14 Jan
1613
15 Jan
0
16 Jan
8749
17 Jan
997
18 Jan
0
19 Jan
0
20 Jan
1517
21 Jan
3776
22 Jan
306
23 Jan
834
24 Jan
0
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
10 Jan
0.00
11 Jan
0.00
12 Jan
0.00
13 Jan
0.00
14 Jan
0.00
15 Jan
0.00
16 Jan
0.00
17 Jan
0.00
18 Jan
0.00
19 Jan
0.00
20 Jan
0.00
21 Jan
0.00
22 Jan
0.00
23 Jan
0.00
ECMI (Monthly Price Index)
$ 62.66 NZU
▲ 0.05 %
10 Jan
62.16
11 Jan
62.67
12 Jan
62.67
13 Jan
62.47
14 Jan
62.47
15 Jan
62.44
16 Jan
62.48
17 Jan
62.48
18 Jan
62.50
19 Jan
62.47
20 Jan
62.47
21 Jan
62.60
22 Jan
62.63
23 Jan
62.66
ECQI (Quarterly Price Index)
$ 62.88 NZU
▲ 0.01 %
10 Jan
62.99
11 Jan
62.99
12 Jan
63.00
13 Jan
62.86
14 Jan
62.86
15 Jan
62.85
16 Jan
62.86
17 Jan
62.86
18 Jan
62.86
19 Jan
62.85
20 Jan
62.85
21 Jan
62.87
22 Jan
62.88
23 Jan
62.88
97.92 gkWh
▲ 4.95 %
11 Jan
38.51
12 Jan
44.16
13 Jan
57.98
14 Jan
87.29
15 Jan
89.94
16 Jan
79.28
17 Jan
84.28
18 Jan
68.71
19 Jan
58.08
20 Jan
72.50
21 Jan
92.52
22 Jan
73.37
23 Jan
93.30
24 Jan
97.92
85.48 %
▼ 1.01 %
11 Jan
96.50
12 Jan
95.66
13 Jan
92.33
14 Jan
87.95
15 Jan
87.64
16 Jan
88.12
17 Jan
87.22
18 Jan
88.21
19 Jan
91.33
20 Jan
88.13
21 Jan
85.53
22 Jan
88.33
23 Jan
86.35
24 Jan
85.48
Daily VWAP (Delivered)
$ 16.60 /GJ
▲ 8.9 %
FRMI - (Monthly Price Index)
$ 9.07 /GJ
▲ 1.88 %
FRQI - (Quarterly Price Index)
$ 8.25 /GJ
▲ 0.5 %
Daily Volume (Delivered)
7,190 GJ
▼ 39.83 %
Carbon emissions index
123.29
▼ 0.01 %
HAY ➔ BEN
$ 0.79 /MW
▼ 5.95 %
BEN ➔ HAY
$ 9.53 /MW
▼ 3.64 %
Average Price
$ 191.28 /MWh
▲ 14.14 %
Average Price
$ 205.67 /MWh
▲ 12.57 %
Average Price
$ 188.27 /MWh
▲ 15.67 %
National Demand
217.8 GW
▲ 2.06 %
Daily Volume (Traded)
0 NZU
▼ 100.0 %
Daily VWAP (Traded)
$ 0.00 NZU
- 0 %
ECMI (Monthly Price Index)
$ 62.66 NZU
▲ 0.05 %
ECQI (Quarterly Price Index)
$ 62.88 NZU
▲ 0.01 %
97.92 gkWh
▲ 4.95 %
85.48 %
▼ 1.01 %
10 Jan
8.18
11 Jan
8.44
12 Jan
8.55
13 Jan
9.58
14 Jan
9.41
15 Jan
9.65
16 Jan
9.45
17 Jan
10.16
18 Jan
10.83
19 Jan
10.84
20 Jan
11.52
21 Jan
12.39
22 Jan
15.24
23 Jan
16.60
10 Jan
8.17
11 Jan
8.21
12 Jan
8.18
13 Jan
8.23
14 Jan
8.27
15 Jan
8.31
16 Jan
8.31
17 Jan
8.37
18 Jan
8.49
19 Jan
8.59
20 Jan
8.59
21 Jan
8.72
22 Jan
8.91
23 Jan
9.07
10 Jan
8.19
11 Jan
8.19
12 Jan
8.12
13 Jan
8.12
14 Jan
8.10
15 Jan
8.09
16 Jan
8.07
17 Jan
8.07
18 Jan
8.12
19 Jan
8.13
20 Jan
8.12
21 Jan
8.14
22 Jan
8.21
23 Jan
8.25
10 Jan
16,571
11 Jan
9,710
12 Jan
11,540
13 Jan
23,595
14 Jan
18,560
15 Jan
15,775
16 Jan
14,400
17 Jan
19,260
18 Jan
24,840
19 Jan
23,470
20 Jan
4,455
21 Jan
12,880
22 Jan
11,950
23 Jan
7,190
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
Feb 25
7.83
Mar 25
1.82
Apr 25
1.00
May 25
0.93
Jun 25
0.97
Jul 25
1.14
Aug 25
1.33
Sep 25
1.41
Oct 25
0.72
Nov 25
0.82
Dec 25
0.68
Jan 26
0.66
Feb 26
2.43
Mar 26
1.50
Feb 25
33.68
Mar 25
20.17
Apr 25
8.18
May 25
8.29
Jun 25
12.08
Jul 25
14.21
Aug 25
12.37
Sep 25
11.49
Oct 25
9.10
Nov 25
11.09
Dec 25
9.15
Jan 26
9.38
Feb 26
30.87
Mar 26
18.03
10 Jan
89.72
11 Jan
73.36
12 Jan
57.66
13 Jan
138.25
14 Jan
149.39
15 Jan
141.62
16 Jan
129.51
17 Jan
151.79
18 Jan
158.24
19 Jan
144.13
20 Jan
153.73
21 Jan
154.36
22 Jan
167.58
23 Jan
191.28
10 Jan
104.06
11 Jan
80.32
12 Jan
62.23
13 Jan
151.79
14 Jan
162.87
15 Jan
157.50
16 Jan
147.63
17 Jan
171.28
18 Jan
171.42
19 Jan
152.55
20 Jan
168.49
21 Jan
166.30
22 Jan
182.71
23 Jan
205.67
10 Jan
80.15
11 Jan
70.80
12 Jan
56.54
13 Jan
132.88
14 Jan
143.14
15 Jan
135.40
16 Jan
122.82
17 Jan
144.11
18 Jan
153.28
19 Jan
141.08
20 Jan
149.27
21 Jan
150.42
22 Jan
162.76
23 Jan
188.27
10 Jan
195.6
11 Jan
183.7
12 Jan
180.5
13 Jan
199.4
14 Jan
203.9
15 Jan
208.1
16 Jan
208.1
17 Jan
208.1
18 Jan
190.4
19 Jan
187.7
20 Jan
207.0
21 Jan
214.4
22 Jan
213.4
23 Jan
217.8
11 Jan
0
12 Jan
0
13 Jan
1775
14 Jan
1613
15 Jan
0
16 Jan
8749
17 Jan
997
18 Jan
0
19 Jan
0
20 Jan
1517
21 Jan
3776
22 Jan
306
23 Jan
834
24 Jan
0
10 Jan
0.00
11 Jan
0.00
12 Jan
0.00
13 Jan
0.00
14 Jan
0.00
15 Jan
0.00
16 Jan
0.00
17 Jan
0.00
18 Jan
0.00
19 Jan
0.00
20 Jan
0.00
21 Jan
0.00
22 Jan
0.00
23 Jan
0.00
10 Jan
62.16
11 Jan
62.67
12 Jan
62.67
13 Jan
62.47
14 Jan
62.47
15 Jan
62.44
16 Jan
62.48
17 Jan
62.48
18 Jan
62.50
19 Jan
62.47
20 Jan
62.47
21 Jan
62.60
22 Jan
62.63
23 Jan
62.66
10 Jan
62.99
11 Jan
62.99
12 Jan
63.00
13 Jan
62.86
14 Jan
62.86
15 Jan
62.85
16 Jan
62.86
17 Jan
62.86
18 Jan
62.86
19 Jan
62.85
20 Jan
62.85
21 Jan
62.87
22 Jan
62.88
23 Jan
62.88
11 Jan
38.51
12 Jan
44.16
13 Jan
57.98
14 Jan
87.29
15 Jan
89.94
16 Jan
79.28
17 Jan
84.28
18 Jan
68.71
19 Jan
58.08
20 Jan
72.50
21 Jan
92.52
22 Jan
73.37
23 Jan
93.30
24 Jan
97.92
11 Jan
96.50
12 Jan
95.66
13 Jan
92.33
14 Jan
87.95
15 Jan
87.64
16 Jan
88.12
17 Jan
87.22
18 Jan
88.21
19 Jan
91.33
20 Jan
88.13
21 Jan
85.53
22 Jan
88.33
23 Jan
86.35
24 Jan
85.48
Latest Auction Results
Variation January 2025
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
2025 Feb | 2025 Mar | 2025 Apr | 2025 Aug | 2025 Sep | 2025 Oct |
$7.83 | $1.82 | $1.00 | $1.33 | $1.41 | $0.72 |
BEN ➔ HAY (OPT)
2025 Feb | 2025 Mar | 2025 Apr | 2025 Aug | 2025 Sep | 2025 Oct |
$33.68 | $20.17 | $8.18 | $12.37 | $11.49 | $9.10 |
Product | Hedge type | 2025 Feb | 2025 Mar | 2025 Apr | 2025 Aug | 2025 Sep | 2025 Oct |
---|---|---|---|---|---|---|---|
HAY ➔ BEN | OPT | $7.83 | $1.82 | $1.00 | $1.33 | $1.41 | $0.72 |
BEN ➔ HAY | OPT | $33.68 | $20.17 | $8.18 | $12.37 | $11.49 | $9.10 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 11 a.m. 23 Jan 2025
FTR Manager
Auction Notice
January: Primary
Wed, 15, January 2025
12p.m. - 4:30PM
January: Primary
Wed, 15, January 2025
12PM - 4:30PM
- Jan 2027
- Feb 2027
- Mar 2027
- Feb 2026
- Mar 2026
- Apr 2026
January: Variation
Wed, 22, January 2025
12p.m. - 4:30PM
January: Variation
Wed, 22, January 2025
12PM - 4:30PM
- Feb 2025
- Mar 2025
- Apr 2025
- Aug 2025
- Sep 2025
- Oct 2025
Auction Results available 4pm the following day
Last updated 11 a.m. 23 Jan 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