The model acquisition? Shell continues smart grid with Next Kraftwerke deal

James Murray
clock • 2 min read

Oil and gas major agrees purchase of German virtual power plant specialist as company further expands its clean tech portfolio

Shell has continued its push into the fast-expanding smart grid sector, announcing plans to acquire leading German virtual power plant operator Next Kraftwerke for an undisclosed sum. Next Kraftwerke...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

Will AI be good or bad for the climate? Here's what the latest evidence on energy use suggests

Will AI be good or bad for the climate? Here's what the latest evidence on energy use suggests

Francesco Grillo, Bocconi University - The Conversation
clock 14 October 2026 • 4 min read
Schneider Electric and Apple unveil new smart thermostat

Schneider Electric and Apple unveil new smart thermostat

Tech firms jointly develop new suite of products to boost household energy efficiency

Stuart Stone
clock 14 October 2026 • 2 min read
AI platform Nvidia joins Prince William's Earthshot Prize as founding partner

AI platform Nvidia joins Prince William's Earthshot Prize as founding partner

EXCLUSIVE: Chip giant joins Earthshot as founding partner to support finalists working on advanced computing solutions that promise to tackle environmental challenges

clock 14 October 2026 • 3 min read