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Nuvve Launches Astrea, a Standalone Company Built to Help Co-ops and Municipal Utilities Forecast Up to Two Weeks In Advance

  • Nuvve Holding Corp. launched Astrea, Inc. as a standalone company to deploy its AI forecasting platform to electric cooperatives and municipal utilities.
  • Astrea will be led by CEO Sai Reddy, with Nuvve CEO Gregory Poilasne serving as Executive Chairman and David Robson as CFO.
  • The platform provides a two-week forward view for scheduling, purchasing, and asset decisions, alongside a one-week retrospective to analyze forecast accuracy.
  • Astrea addresses the challenge of small utility teams managing rapid load growth from new data centers, industrial projects, and electrification efforts.
  • The service combines market and load forecasting into a single view to help utilities plan for demand and manage power costs.
  • Astrea aims to act as a long-term partner that handles routine forecasting, allowing utility engineers to focus on planning and interconnection.
  • The company also supports revenue generation for battery storage deployments in Europe and Japan.
  • Astrea will operate directly with cooperatives and municipal utilities, as well as through joint action agencies and generation and transmission cooperatives.
  • Nuvve currently holds a controlling interest in Astrea, having spun off the company to better serve the specific needs of small utilities.