Energy-Aware Pricing Within Cloud Environments

The Adapting Service lifeCycle towards EfficienT Clouds (ASCETiC) project aims to provide novel methods and tools to support software developers aiming to optimize energy efficiency resulting from designing, developing, deploying and running software at the different layers of the cloud stack architecture, while maintaining other quality aspects of software to meet the agreed levels. The Pricing Modeler is a component within the ASCETiC architecture, which is responsible for the price estimation and billing of cloud applications or Virtual Machines (VMs) based on their energy consumption. In this paper, we propose a set of novel energy-aware pricing schemes implemented within the Pricing Modeler component, as well as a set of envisaged service plans which aim to facilitate the gradual adoption of the ASCETiC architecture.