Company announcement – Noreva (formerly Karbone Research) launched in New York on September 2, 2025.
Noreva, an energy market data and analytics provider (formerly Karbone Research), announced its relaunch on September 2, 2025, as an AI-powered market intelligence platform for the energy transition. The name is new. The trading-desk pedigree behind the data carries over unchanged. For the full release, see the announcement on GlobeNewswire.
From Karbone Research to Noreva
Karbone Research built its reputation on trader-verified pricing for US power, capacity, environmental attribute, and fuels markets. Noreva keeps that foundation and adds AI-driven forecasting on top of the same proprietary fundamentals, aimed at a market that wants both nodal precision and long-dated scenario views. Izzet Bensusan, Founder of Noreva and Karbone, said the rename responds to how quickly decision-making in energy markets is changing:
“The energy transition is reshaping how decisions are made. Noreva equips market participants with the clarity and flexibility needed to move capital confidently toward a cleaner, more resilient energy system.”
What the Noreva Hub delivers
The relaunch centers on the Noreva Hub, which brings the firm’s pricing and forecasting together in one platform. Teams can access it via API, downloadable files, or dashboards. It covers four markets:
- Power – nodal pricing, PPA valuation, and forecasts through 2050.
- Capacity – auction previews, merchant forecasts, and resource adequacy modeling.
- Environmental attributes – RECs, carbon credits, and LCFS.
- Fuels – natural gas, LNG, hydrogen, SAF, and coal.
Peter Gardett, Managing Partner of Noreva, described the platform’s premise directly:
“The energy landscape is changing faster than ever. Noreva brings trader-verified pricing, proprietary fundamentals, and AI-driven forecasting together in a single platform, giving clients the clarity and confidence to act in volatile markets.”
Why the relaunch matters
Corporates, developers, traders, and institutional investors are the platform’s stated audience, the same buyers who spend on asset valuation, capacity price forecasts, and fuels market data to underwrite decisions with multi-decade tails. A forecast horizon through 2050 matches the life span of a generation asset, a PPA, or a REC compliance obligation, longer than a single-year price target would cover. Noreva is betting that trader-verified data and AI-driven modeling work better combined in one pipeline than split across separate vendors.
Frequently asked questions
What is Noreva?
Noreva is an energy market data and analytics provider, formerly known as Karbone Research. It offers AI-powered pricing and forecasting across US power, capacity, environmental attributes, and fuels markets.
When did Karbone Research become Noreva?
The relaunch was announced on September 2, 2025, in New York, via a company press release on GlobeNewswire.
How does Noreva deliver its data?
Noreva delivers data through the Noreva Hub, available via API, downloadable files, or dashboards. The Hub covers nodal power pricing, capacity forecasts, environmental attributes, and fuels through 2050.
Related from Noreva
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Noreva combines trader-verified pricing, proprietary fundamentals, and AI-driven forecasting into transaction-aligned curves across power, capacity, environmental attributes, and fuels. Book a demo to see how the Noreva Hub prices these markets.


