Schneider Electric (SU) partners Kraken to accelerate grid connections and optimise capacity

How Schneider Electric's Kraken Partnership Unlocks Grid Potential

Schneider Electric is a French industrial powerhouse focused on energy management and automation. The company develops integrated technological solutions, spanning both hardware and software, to optimise energy consumption and operational processes for its diverse clientele. Its services cater to energy providers, industrial facilities, data centres, and commercial and residential buildings, helping them achieve more efficient and sustainable infrastructure.

Today's positive movement for Schneider Electric largely stems from its strategic partnership announcement with Kraken, an alliance designed to modernise and optimise electricity grids. This collaboration aims to accelerate connections and free up existing network capacity by integrating Schneider Electric's digital network technologies with Kraken's AI-powered operating platform. The goal is to provide utility companies with real-time visibility into network constraints and better orchestrate distributed energy resources, thereby avoiding costly infrastructure upgrades to meet growing electricity demand, alongside its participation in the Energy Projects Conference & Expo 2026 and recent alliances with Foxconn and a BofA Securities price target increase.

This partnership has clearly resonated well with the market, as Schneider Electric shares are currently trading up 1.9% at €288.10 on 18 June 2026, having closed the previous session at €282.75.

Consider a city with increasingly congested roads; instead of building expensive new motorways, an intelligent traffic management system analyses real-time flows and redirects vehicles to make the best use of existing lanes. This partnership between Schneider Electric and Kraken works similarly for the electricity grid, enabling more fluid and efficient energy management without requiring massive investment in new infrastructure.