Regulation of electricity markets with ubiquitous computing

We present a system that helps energy suppliers to smoothen the total peak load by generating price incentives for consumers. Consumers in turn get fine grained cost sensitive control of energy consumption of the past, present and future with a precise real-time overview of all devices in their household, company or industry. Pricing information of the energy provider and external sources is processed by our system and will help customers minimizing their energy costs. Sensor nodes are basis of the system enabling the collection of power consumption and other (e.g. temperature) information. They are involved in the decision support (e.g. delay activities for a certain time). Moreover the energy supplier can use the system to cut off certain devices that were negotiated and accepted by the consumer. The system is focussed on the demand side but benefits both.