AU 04:40 Weekend
NZ 06:40 Weekend

 Sun 7 Jun 2026
 Weekend

New Zealand Electricity Market Wrap

April 2026

Over the month of April, ASX Otahuhu calendar year 2027 swap price moved down $12.71 to finish the month at $144.98. This is a price separation of -$9.62 from the next calendar year 2028.
Over the month of April, ASX Benmore calendar year 2027 swap price moved down $9.05 to finish the month at $129.47. This is a price separation of -$9.62 from the next calendar year 2028.
Total traded volume equaled 68,651 lots which is equivalent to 11.5682 million MWh.
The daily average traded volume was 3,613.21 lots and total trade volume is up 107.73% from 2025.
Total Open interest is 154,051 lots, up 71.11% from 2025.
- Futures OI = 103,586 (up 31.79%)
- Options OI = 50,465 (up 341.51%)

Contract	Month Open	High	Low	Month Close	Volume	Open Interest
April Otahuhu	$166.00	$166.00	$83.65	$101.65	2045	1738
April Benmore	$156.15	$156.15	$82.70	$98.40	2210	1597
May Otahuhu	$194.00	$194.00	$104.85	$106.50	2505	1206
May Benmore	$182.50	$182.50	$99.40	$99.40	2430	968
Q2 2026 Otahuhu	$185.40	$185.40	$109.05	$110.00	1915	6022
Q2 2026 Benmore	$175.00	$175.00	$103.00	$103.00	1772	4356

[{"date":"20260430","code":"EAH2027","open_interest":4048},{"date":"20260430","code":"EAH2028","open_interest":2687},{"date":"20260430","code":"EAH2029","open_interest":1134},{"date":"20260430","code":"EAM2026","open_interest":5861},{"date":"20260430","code":"EAM2027","open_interest":5732},{"date":"20260430","code":"EAM2028","open_interest":2281},{"date":"20260430","code":"EAM2029","open_interest":1078},{"date":"20260430","code":"EAU2026","open_interest":8915},{"date":"20260430","code":"EAU2027","open_interest":5486},{"date":"20260430","code":"EAU2028","open_interest":2095},{"date":"20260430","code":"EAU2029","open_interest":879},{"date":"20260430","code":"EAZ2026","open_interest":6701},{"date":"20260430","code":"EAZ2027","open_interest":4557},{"date":"20260430","code":"EAZ2028","open_interest":2237},{"date":"20260430","code":"EAZ2029","open_interest":943},{"date":"20260430","code":"ECH2027","open_interest":0},{"date":"20260430","code":"ECH2028","open_interest":0},{"date":"20260430","code":"ECH2029","open_interest":0},{"date":"20260430","code":"ECM2026","open_interest":0},{"date":"20260430","code":"ECM2027","open_interest":0},{"date":"20260430","code":"ECM2028","open_interest":0},{"date":"20260430","code":"ECM2029","open_interest":0},{"date":"20260430","code":"ECU2026","open_interest":0},{"date":"20260430","code":"ECU2027","open_interest":0},{"date":"20260430","code":"ECU2028","open_interest":0},{"date":"20260430","code":"ECU2029","open_interest":0},{"date":"20260430","code":"ECZ2026","open_interest":0},{"date":"20260430","code":"ECZ2027","open_interest":0},{"date":"20260430","code":"ECZ2028","open_interest":0},{"date":"20260430","code":"ECZ2029","open_interest":0},{"date":"20260430","code":"EEH2027","open_interest":3556},{"date":"20260430","code":"EEH2028","open_interest":1945},{"date":"20260430","code":"EEH2029","open_interest":728},{"date":"20260430","code":"EEM2026","open_interest":4358},{"date":"20260430","code":"EEM2027","open_interest":3727},{"date":"20260430","code":"EEM2028","open_interest":1882},{"date":"20260430","code":"EEM2029","open_interest":987},{"date":"20260430","code":"EEU2026","open_interest":5534},{"date":"20260430","code":"EEU2027","open_interest":3033},{"date":"20260430","code":"EEU2028","open_interest":1676},{"date":"20260430","code":"EEU2029","open_interest":758},{"date":"20260430","code":"EEZ2026","open_interest":4368},{"date":"20260430","code":"EEZ2027","open_interest":3001},{"date":"20260430","code":"EEZ2028","open_interest":986},{"date":"20260430","code":"EEZ2029","open_interest":720},{"date":"20260430","code":"EGH2027","open_interest":0},{"date":"20260430","code":"EGH2028","open_interest":0},{"date":"20260430","code":"EGH2029","open_interest":0},{"date":"20260430","code":"EGM2026","open_interest":0},{"date":"20260430","code":"EGM2027","open_interest":0},{"date":"20260430","code":"EGM2028","open_interest":0},{"date":"20260430","code":"EGM2029","open_interest":0},{"date":"20260430","code":"EGU2026","open_interest":0},{"date":"20260430","code":"EGU2027","open_interest":0},{"date":"20260430","code":"EGU2028","open_interest":0},{"date":"20260430","code":"EGU2029","open_interest":0},{"date":"20260430","code":"EGZ2026","open_interest":0},{"date":"20260430","code":"EGZ2027","open_interest":0},{"date":"20260430","code":"EGZ2028","open_interest":0},{"date":"20260430","code":"EGZ2029","open_interest":0}]

[[{"date":"20260401","code":"EAM2026","settle":18540},{"date":"20260401","code":"EEM2026","settle":17500},{"date":"20260401","code":"EAU2026","settle":19420},{"date":"20260401","code":"EEU2026","settle":18285},{"date":"20260401","code":"EEZ2026","settle":8625},{"date":"20260401","code":"EAZ2026","settle":10225},{"date":"20260401","code":"EAH2027","settle":15195},{"date":"20260401","code":"EEH2027","settle":12915},{"date":"20260401","code":"EAM2027","settle":19760},{"date":"20260401","code":"EEM2027","settle":17860},{"date":"20260401","code":"EEU2027","settle":17860},{"date":"20260401","code":"EAU2027","settle":19700},{"date":"20260401","code":"EEZ2027","settle":6795},{"date":"20260401","code":"EAZ2027","settle":8450},{"date":"20260401","code":"EAH2028","settle":12645},{"date":"20260401","code":"EEH2028","settle":10635},{"date":"20260401","code":"EEM2028","settle":17155},{"date":"20260401","code":"EAM2028","settle":19255},{"date":"20260401","code":"EAU2028","settle":19300},{"date":"20260401","code":"EEU2028","settle":17035},{"date":"20260401","code":"EAZ2028","settle":8485},{"date":"20260401","code":"EEZ2028","settle":6650},{"date":"20260401","code":"EEH2029","settle":10810},{"date":"20260401","code":"EAH2029","settle":12450},{"date":"20260401","code":"EEM2029","settle":16675},{"date":"20260401","code":"EAM2029","settle":18525},{"date":"20260401","code":"EAU2029","settle":18775},{"date":"20260401","code":"EEU2029","settle":16525},{"date":"20260401","code":"EAZ2029","settle":8325},{"date":"20260401","code":"EEZ2029","settle":6700}],[{"date":"20260430","code":"EAM2026","settle":11000},{"date":"20260430","code":"EEM2026","settle":10300},{"date":"20260430","code":"EAU2026","settle":14400},{"date":"20260430","code":"EEU2026","settle":13400},{"date":"20260430","code":"EEZ2026","settle":8050},{"date":"20260430","code":"EAZ2026","settle":8965},{"date":"20260430","code":"EAH2027","settle":13590},{"date":"20260430","code":"EEH2027","settle":11850},{"date":"20260430","code":"EAM2027","settle":18485},{"date":"20260430","code":"EEM2027","settle":16725},{"date":"20260430","code":"EEU2027","settle":16600},{"date":"20260430","code":"EAU2027","settle":18435},{"date":"20260430","code":"EEZ2027","settle":6630},{"date":"20260430","code":"EAZ2027","settle":7505},{"date":"20260430","code":"EAH2028","settle":11960},{"date":"20260430","code":"EEH2028","settle":10355},{"date":"20260430","code":"EEM2028","settle":15500},{"date":"20260430","code":"EAM2028","settle":17400},{"date":"20260430","code":"EAU2028","settle":17210},{"date":"20260430","code":"EEU2028","settle":15705},{"date":"20260430","code":"EAZ2028","settle":7600},{"date":"20260430","code":"EEZ2028","settle":6400},{"date":"20260430","code":"EEH2029","settle":10000},{"date":"20260430","code":"EAH2029","settle":11535},{"date":"20260430","code":"EEM2029","settle":15000},{"date":"20260430","code":"EAM2029","settle":17050},{"date":"20260430","code":"EAU2029","settle":17000},{"date":"20260430","code":"EEU2029","settle":15035},{"date":"20260430","code":"EAZ2029","settle":7545},{"date":"20260430","code":"EEZ2029","settle":6400}]]