CME Group (CME) plans to launch financially settled Wind Power futures and options to help market participants hedge exposure to wind power generation, the company said Wednesday.

The five contracts will cover wind power indices for Germany, the UK, Australia and Texas and will settle against datasets from Vaisala Xweather that model projected wind output at designated locations, it said.

The contracts, pending regulatory review, are expected to launch in Q4 and will be listed on NYMEX, CME Group said.