energy efficend UPS based on arduino?

So my question is: Shouldn't it be possible do build a UPS, that consumes a lot less, when in "normal" operational mode?

The controller could use very little power. Check out these pages - http://www.gammon.com.au/forum/?id=11497 -

The most power loss is related to the efficiency of the internal battery / capacitor.

Maybe an UPS based upon an ultra capacitor is an idea?