In an era of fluctuating electricity prices, it is crucial to use energy at the right times to minimize costs. With intelligent electricity spot price management, you can automatically adjust consumption and take advantage of the lowest electricity prices in real time.
Electricity prices are set on the Nord Pool electricity exchange and vary hour by hour based on supply, demand and external factors such as wind and weather conditions. Spot price management ensures that you only use energy when it is cheapest, reducing your energy costs and making your consumption more sustainable.
Advantages of electricity spot price management:
Lower energy costs – Avoid expensive peak-load prices.
Sustainable consumption – Utilize green energy when it is most available.
Automated control – No manual monitoring required.
GSMCloud: A Smart Solution for Electricity Price Management GSMCloud offers a cloud-based platform that automates energy management by integrating real-time electricity spot prices. The system makes it possible to:
Retrieve and analyze electricity prices to optimally plan consumption.
Automatically control devices like heat pumps and electric car chargers.
Reduce the load on the electricity grid during peak load periods.
Optimization of Heat Pumps with Electricity Price Control An effective way to save energy is to adapt the heat pump's operation to electricity prices. With GSMCloud, your heat pump can automatically adjust its consumption and run when electricity is cheapest.
How to Get Started:
Connect your heat pump – Requires an internet-connected device.
Integrate with GSMCloud – The system retrieves electricity prices and optimizes operations.
Automate your energy management – Adjustment is done automatically based on price fluctuations.
Future Energy Optimization with IIoT GSMCloud combines electricity spot price management with Industrial IoT (IIoT), providing advanced opportunities for energy optimization in both homes and businesses. Whether it's electric car charging, production machines or building management, IIoT ensures an intelligent, scalable and future-proof solution.
Conclusion Automated electricity spot price management is an effective way to reduce energy costs and promote sustainable consumption. GSMCloud makes it easy to integrate this technology, allowing you to optimize your energy consumption without manual intervention.
GSM Electricity spot price control 1-channel (5G NB-IoT)
- Intelligent Electricity Consumption Management: Automatically turn electrical appliances on and off based on current electricity spot prices, optimizing energy consumption and reducing costs.
- Flexible Programming: Easy programming via the GSMCLOUD server, allowing you to adapt operating times and periods to individual needs.
- Wide Application: Suitable for controlling heat pumps, solar systems, grain drying systems, charging stations and other electrical appliances where it is possible to adjust consumption in relation to electricity prices.
- Independent Operation: The module operates independently with a built-in GSM module and SIM card, eliminating the need for Wi-Fi connectivity.
- Compact Design: DIN rail mounted module that easily integrates into a standard electrical panel.
Application: Ideal for agriculture, industry and private households that want to optimize energy consumption by taking advantage of the lowest electricity prices throughout the day.
See the range of devices that can optimize your operations
See the range of devices that can optimize your operations
GSM electricity spot price module 8-channel (5G NB-IoT)
- Advanced Electric Spot Price Management: The module enables automatic switching on and off of electrical appliances based on current electricity spot prices, which optimizes energy consumption and reduces costs.
- Comprehensive I/O Functionality: Equipped with 8 inputs that can be configured for digital, analog (0-20mA), temperature sensors (DS18B20) or pulse counters, as well as 8 relay outputs for controlling external devices.
- Quick Data Update: Communicates with the server every 10 seconds, enabling real-time management and monitoring.
- Wide Compatibility: Works throughout the EU and Denmark, ensuring reliable operation across different networks.
- Easy Integration: The module integrates seamlessly with the GSMCLOUD system, and billing automatically stops at midnight if the device is removed from the cloud server.
Application: Ideal for industrial and commercial applications where precise control and monitoring of energy consumption is essential, such as controlling production equipment, lighting and HVAC systems.
An IIoT journey starts with choosing devices in the shop that suit your business
IIoT monitors and optimizes energy consumption in real time, reducing waste and costs
Sensors and data analysis ensure efficient operations, reduce errors and improve output
IIoT regulates temperature, humidity and air quality to optimize working conditions and sustainability
Machines and systems can be monitored and controlled remotely, increasing flexibility and safety
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