Actively manage your risk exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
02 Jan
6.08
03 Jan
6.33
04 Jan
13.10
05 Jan
6.45
06 Jan
10.42
07 Jan
9.25
08 Jan
9.71
09 Jan
11.77
10 Jan
10.19
11 Jan
7.91
12 Jan
10.64
13 Jan
14.10
14 Jan
12.82
15 Jan
12.47
02 Jan
10.52
03 Jan
10.38
04 Jan
10.41
05 Jan
10.30
06 Jan
10.32
07 Jan
9.90
08 Jan
9.74
09 Jan
9.75
10 Jan
9.73
11 Jan
9.69
12 Jan
9.58
13 Jan
9.52
14 Jan
9.46
15 Jan
9.47
02 Jan
10.65
03 Jan
10.58
04 Jan
10.62
05 Jan
10.56
06 Jan
10.56
07 Jan
10.52
08 Jan
10.51
09 Jan
10.51
10 Jan
10.50
11 Jan
10.48
12 Jan
10.48
13 Jan
10.50
14 Jan
10.51
15 Jan
10.50
02 Jan
22,500
03 Jan
19,000
04 Jan
6,500
05 Jan
16,500
06 Jan
14,500
07 Jan
12,500
08 Jan
11,500
09 Jan
8,500
10 Jan
10,500
11 Jan
12,500
12 Jan
12,500
13 Jan
6,500
14 Jan
9,000
15 Jan
8,500
Sep 21
0.58
Oct 21
0.14
Nov 21
0.42
Dec 21
0.35
Jan 22
0.48
Feb 22
0.65
Mar 22
0.39
Apr 22
0.30
Oct 22
0.64
Nov 22
0.43
Dec 22
0.35
Jan 23
0.50
Feb 23
0.70
Mar 23
0.50
Sep 21
15.43
Oct 21
14.77
Nov 21
12.70
Dec 21
10.22
Jan 22
9.64
Feb 22
17.45
Mar 22
10.49
Apr 22
10.52
Oct 22
11.16
Nov 22
11.18
Dec 22
11.02
Jan 23
10.75
Feb 23
20.00
Mar 23
14.10
Nov 19
101.68
Dec 19
52.44
Jan 20
87.54
Feb 20
74.28
Mar 20
71.37
Apr 20
44.33
May 20
120.73
Jun 20
154.02
Jul 20
142.78
Aug 20
110.31
Sep 20
130.07
Oct 20
118.05
Nov 20
93.32
Dec 20
109.38
Nov 19
116.67
Dec 19
61.31
Jan 20
91.08
Feb 20
80.98
Mar 20
75.34
Apr 20
47.52
May 20
133.66
Jun 20
162.50
Jul 20
153.25
Aug 20
118.01
Sep 20
138.46
Oct 20
129.01
Nov 20
103.74
Dec 20
118.83
Nov 19
93.66
Dec 19
48.61
Jan 20
76.20
Feb 20
37.82
Mar 20
42.19
Apr 20
42.10
May 20
112.83
Jun 20
150.83
Jul 20
139.13
Aug 20
107.42
Sep 20
127.69
Oct 20
113.83
Nov 20
89.48
Dec 20
106.52
Financial Transmission Rights are financial hedges that protect energy traders from price uncertainty between nodes. These uncertainties are the result of transmission losses and constraints.
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.
The FTR portal can be found here.