Intelligent Electricity Spot Price Management

In times of fluctuating electricity prices, it's 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.

What is electricity spot price management and why is it right?

Electricity prices are set on the Nord Pool electricity exchange and vary hourly based on supply, demand and external factors such as wind and weather conditions. Electricity spot price management ensures that you only use energy when it's cheapest, reducing your energy costs and making your consumption more sustainable.

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Benefits of electricity spot price management:

  • Lower energy costs - Avoid expensive peak pricing.

  • Sustainable consumption - Harness green energy when it's most available.

  • Automated control - No manual monitoring required.

GSMCloud: A Smart Solution for Electricity Spot 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 plan consumption optimally.

  • Automatically control devices like heat pumps and electric car chargers.

  • Reduce the load on the electricity grid during peak periods.

Optimizing Heat Pumps with Electricity Spot 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:

  1. Connect your heat pump - Requires an internet connected device.

  2. Integrate with GSMCloud - The system retrieves electricity prices and optimizes operations.

  3. Automate your energy management - Adjustments are made 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 machinery 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 so you can optimize your energy consumption without manual intervention.

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Recommended hardware for electricity spot price management

GSM Electric spot price control 1-channel (5G NB-IoT)

Features and properties

- Intelligent Power Usage 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 customize operating times and periods according to individual needs.
- Wide Application: Suitable for controlling heat pumps, solar panels, grain dryers, charging stations and other electrical devices where it is possible to adjust consumption according to electricity prices.
- Independent Operation: The module works independently with built-in GSM module and SIM card, eliminating the need for Wi-Fi connection.
- Compact design: DIN-rail mounted module that easily integrates into a standard electrical panel.

Usage: Ideal for agriculture, industry and private households that want to optimize energy consumption by taking advantage of the lowest electricity prices during the day.

GSM electricity price control 1ch 5G NB IOT 2024 1

See the range of devices that can optimize your operations

GSM electricity price control 8channel NB IOT 2024 1

See the range of devices that can optimize your operations

Recommended hardware for electricity spot price management

GSM electricity spot price module, 8-channel (5G NB-IoT)

Features and properties

- Advanced Electricity Spot Price Control: The module enables automatic switching on and off of electrical devices based on current electricity spot prices, optimizing energy consumption and reducing costs.
- Extensive I/O functionality: Equipped with 8 inputs configurable for digital, analog (0-20mA), temperature sensors (DS18B20) or pulse counters, and 8 relay outputs for controlling external devices.
- Fast data refresh: Communicates with the server every 10 seconds, enabling real-time management and monitoring.
- Wide Compatibility: Works across the EU and Denmark, ensuring reliable operation across different networks.

- Easy integration: The module integrates seamlessly with the GSMCLOUD system and billing stops automatically at the next midnight if the device is removed from the cloud server.

Usage: 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.

Why choose us

Our system is technologically advanced

An IIoT journey starts with choosing devices in the shop that fit your business

Energy management

IIoT monitors and optimizes energy consumption in real-time, reducing waste and costs

Production optimization

Sensors and data analytics ensure efficient operation, reduce errors and improve output

Climate control and environmental monitoring

IIoT regulates temperature, humidity and air quality to optimize working conditions and sustainability

Remote monitoring and control

Machines and systems can be monitored and controlled remotely, increasing flexibility and safety

Are you ready to start?
Browse the shop and start choosing your devices. Next, sign up for the GSMCloud system so you can control them