CME Plans to Launch Wind Derivatives for US, Europe, Australia (opens original article in a new tab)

The Chicago Mercantile Exchange plans to launch wind derivatives across three continents, using independent datasets to model wind power generation, offering standardized contracts for managing weather-related financial risks in energy markets.

• CME plans to launch wind derivatives in US, Europe, and Australia.
• Contracts will use independent datasets to model wind power generation.
• Derivatives aim to provide standardized weather risk management for energy market participants.