Abaxx Technologies Inc. announced that Abaxx Exchange will launch its Enwex United Kingdom Onshore Wind (UWM) futures contract on December 12, 2025, expanding its weather-indexed futures offering, pending U.S. Commodity Futures Trading Commission (“CFTC”) regulatory review. Abaxx?s United Kingdom Onshore Wind (UWM) futures are the second weather-indexed product developed under Abaxx?s partnership with Enwex (Energy Weather Index). The contract provides a standardized benchmark for managing weather-driven volume risk in one of Europe’s most wind-dependent power systems, where Atlantic weather patterns and seasonal variability materially influence generation and hedging outcomes.
UWM is a pound sterling-denominated, financially-settled futures contract indexed to Enwex Wind United Kingdom, a forecast-based index that translates wind speed at 100m into standardized generation utilization rates, expressed in £/MWh.