Nuvve launches Astrea to provide AI forecasting for electric cooperatives, municipal utilities
NVVE•Nuvve launched Astrea, a standalone company offering AI forecasts of electricity demand and power costs up to two weeks ahead. Nuvve retains a controlling interest, and Sai Reddy will lead Astrea as CEO.
1. Forecasting platform
Astrea will provide electric cooperatives and municipal utilities with forecasts of electricity demand and power costs up to two weeks ahead, along with reviews of the prior week's forecasts. The company expects to support revenue generation for battery storage deployments in Europe and Japan.
