Reducing Arduino Power Consumption
Contributors:
Alex the Giant
Alex the Giant 
Resources and Going Further
More information on low-power modes and options can be found in the datasheet for the 328P.
For more power-related fun, check out the following SparkFun tutorials.
Adding a Timed Button to a Project
This tutorial will walk you through making a timed power controller for interactive projects. You will learn how to add an on button that will provide power to your project for an amount of time and then turn off again.
PicoBuck Hookup Guide v12
The PicoBuck board is a high-efficiency three-channel constant-current LED driver.
Reducing Arduino Power Consumption
A tutorial about different ways to reduce the current draw for your next Arduino project the easy way.
Beginner Parts Kit Identification Guide
The essential parts for beginning (or even experienced) hobbyists that gives you all of the basic through-hole components you will need to get started playing with embedded projects. We'll identify a few parts in the kit and provide a few basic circuits to get started!