Sharp is partnering, not with another major player in the consumer electronics field but, with the Japanese government to create a standard based on its Home Energy Management System or HEMS. The platform allows users to not only monitor their energy consumption, but also reduce their electrical burden through home automation tools. With the aid of a tablet or smartphone, home owners can dim lighting and televisions or control thermostats, while monitoring how such changes affect energy consumption in real time. Sharp plans offer the system commercially with a router and WiFi modules that sit between appliances and your electrical outlet. The next step is getting regulators to agree to the standard so that non-Sharp products can become part of the ecosystem. Check out the video after the break.