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Optimise your consumption with Electricity Spot Price Management

GSMCloud offers intelligent electricity spot price management on an hour-by-hour basis, so your energy consumption is automatically adjusted to current electricity prices. By shifting consumption to the cheapest hours, energy costs are reduced without compromising on operation and comfort. 

Electricity spot price management - automated control of electricity consumption

Electricity prices vary hour by hour, so using power at the right times can save you a lot of money. Spot price management makes it possible to schedule and automate consumption so that equipment runs more during the cheap hours and less during the expensive ones - without you having to monitor prices manually.

The solution is typically used to control heat pumps, electric heating, ventilation, process equipment and electric car charging, where you can shift or limit consumption without compromising on operation and comfort. You can control with “on/off”, reduce load during peak periods or run according to defined price windows - depending on your needs.

Electricity spot price management is cloud-based and scalable from one device to many installations and locations. You can customise rules, times and limits remotely and track status in dashboards, so you get both automation and documentation in one solution.

Electricity spot price management and energy monitoring via IoT platform

Core features of electricity spot price management

Define rules where electricity prices and time automatically control your equipment. Control can be based on electricity spot price, price levels, schedules and input from sensors - or combinations thereof.

Automatic price management

The system retrieves electricity spot prices and performs control automatically, shifting consumption to cheaper hours and limiting consumption during expensive periods.

Price windows and time management

Schedule operations according to the cheapest hours of the day or fixed intervals. Use time management alone or as a complement to price management for more stable operations.

Combination of price and inputs

Combine electricity price with temperature, demand signals, operating status or other measured values so that equipment is only regulated when it makes sense in practice.

Remote access and configuration

Customise rules, thresholds and schedules remotely - and track real-time status via mobile, tablet or PC. No local operation required.

Scalable control across installations

Start with one measurement/control point and expand to multiple channels, devices and locations. Suitable for both simple setups and larger technical installations.

Dashboards

Clear dashboards show your operations in real time - at a glance

Flows

Easily build custom features and automations with intuitive and code-free flows

Logs

Get a full overview with logs that can be easily exported as CSV for documentation

Gateway

GSMCloud connects your devices and sends alerts via SMS, calls and email

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Contact us to learn more about electricity spot price management options

Kristian Olsen
Kristian Olsen
CEO - Partner
kfo@gsmteknik.dk
+45 93 10 24 34
Nicolai Jensen
Nicolai Jensen
Technical manager and software developer
nsj@gsmteknik.dk
+45 93 10 24 34