Real-time electricity spot price monitoring

Access current electricity spot prices and capitalise on price fluctuations with GSMCloud's cloud-based solution. Monitor the electricity price hour by hour, receive automatic alerts on price changes and actively use data to optimise energy consumption and operational costs - without the need for local IT infrastructure

What is the electricity spot price?

Introduction

The electricity spot price is the hourly price of electricity set on the electricity exchange. The price varies depending on supply and demand and can change significantly throughout the day. With GSMCloud, electricity spot prices are automatically retrieved and presented clearly in a single platform.

Take advantage of price fluctuations and reduce energy costs

With GSMCloud, you can follow the electricity spot price in real time and plan energy consumption when the price is low. Data allows you to shift energy-intensive processes to cheaper hours, reducing overall energy costs without compromising operations

Automatic alerts for high or low prices

Set up alerts for specific price levels or sudden changes in the electricity spot price. Notifications are sent via SMS, email or integrations, so you can quickly react and adjust energy consumption according to current prices.

Integration with operations and automation

Electricity spot prices can be used as input for automations in GSMCloud. This makes it possible to control equipment and processes based on price levels, e.g. start, stop or limit consumption when the electricity price reaches certain limits.

Data, history and analysis

All electricity spot prices are automatically saved and can be used for analyses, reports and documentation. Historical data provides insight into price trends and allows you to optimise your energy strategy over time.

Get started with electricity spot price monitoring

GSMCloud offers a flexible platform where electricity spot prices can easily be combined with metering data, alarms and automation. The solution can be configured without complex setup and is backed by documentation and support via the GSMCloud Helpdesk.

Centralised overview across locations

With GSMCloud, electricity spot prices and related data can be gathered in one platform and used across buildings and locations. This provides a consistent overview and makes the solution suitable for companies and organisations with multiple installations.

Contact us to learn about spot electricity pricing options

Christian

Christian

CEO - Partner
kfo@gsmteknik.dk
+45 93 10 24 34
Nikolai

Nikolai

Technical Manager
nicolai@gsmteknik.dk
+45 93 10 24 34