One of the options is to get hold of the device(I) for battery (Microsoft ACPI-Compliant Control Method Battery).
Listen for PowerNotification events forever. On each notification check the PowerStatus of the battery.
There are APIs for all of the above purposes in .Net and win32
Keep the device(I) disabled as long as the powerstatus is >threshold. Enable it as soon as goes below that or when you are not on AC power (i.e. before removing AC power, your continuously monitoring software should enable that battery device - or you manually enable it).
hmm,...this is a very buggy solution, but it can achieve what you want, although you have to be very careful.