Nuvve Introduces Astrea AI Forecasting For Nordic Energy Market; Astrea AI Forecasts Have Demonstrated 97% Accuracy And Provide Nuvve And Its Fleet Customers The Opportunity To Maximize Revenues
Portfolio Pulse from Benzinga Newsdesk
Nuvve Holding Corporation (NASDAQ:NVVE) has launched Astrea AI, an artificial intelligence technology that optimizes revenue from ancillary services for Nordic transmission system operators. Astrea AI forecasts prices and capacity for Nordic primary reserves with 97% accuracy, allowing Nuvve and its fleet customers to maximize revenues.

June 22, 2023 | 8:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Nuvve's Astrea AI technology optimizes revenue from ancillary services for Nordic transmission system operators, potentially increasing revenues for the company and its fleet customers.
Astrea AI's 97% accuracy in forecasting prices and capacity for Nordic primary reserves allows Nuvve and its fleet customers to maximize revenues by optimizing energy market bids. This technology is integrated with Nuvve's GIVe platform for V2G and charge management, further enhancing its capabilities and potential for increased revenues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100