diff --git a/terracotta/config.py b/terracotta/config.py
index cc505ab..dbff237 100644
--- a/terracotta/config.py
+++ b/terracotta/config.py
@@ -30,6 +30,27 @@ launch_opt = cfg.ListOpt(
          'global-manager, local-manager, and local-collector.'
 )
 
+default_opts = [
+    cfg.StrOpt('global_manager_host', default='controller',
+               help='The name of the host running the global manager'),
+    cfg.IntOpt('global_manager_port', default=60080,
+               help='The port of the REST web service exposed by the global manager'),
+    cfg.IntOpt('db_cleaner_interval', default=7200,
+               help='The time interval between subsequent invocations of the database'),
+    cfg.StrOpt('local_data_directory', default='/var/lib/neat',
+               help='The directory used by the data collector to store the data on the'
+                    'resource usage by the VMs running on the host'),
+    cfg.FloatOpt('host_cpu_usable_by_vms', default=1.0,
+                 help='The threshold on the overall (all cores) utilization of the physical '
+                      'CPU of a host that can be allocated to VMs.'),
+    cfg.IntOpt('data_collector_data_length', default=100,
+               help='The number of the latest data values stored locally '
+                    'by the data collector and passed to the underload / '
+                    'overload detection and VM placement algorithms'),
+    cfg.IntOpt('network_migration_bandwidth', default=10,
+               help='The network bandwidth in MB/s available for VM migration')
+]
+
 api_opts = [
     cfg.StrOpt('host', default='0.0.0.0', help='Terracotta API server host'),
     cfg.IntOpt('port', default=9090, help='Terracotta API server port')
@@ -59,47 +80,107 @@ use_debugger = cfg.BoolOpt(
 )
 
 global_manager_opts = [
-    cfg.StrOpt('engine', default='default',
-               help='Mistral engine plugin'),
-    cfg.StrOpt('host', default='0.0.0.0',
-               help='Name of the engine node. This can be an opaque '
-                    'identifier. It is not necessarily a hostname, '
-                    'FQDN, or IP address.'),
-    cfg.StrOpt('topic', default='engine',
-               help='The message topic that the engine listens on.'),
-    cfg.StrOpt('version', default='1.0',
-               help='The version of the engine.')
+    cfg.StrOpt('vm_instance_directory', default='/var/lib/nova/instances',
+               help='The directory, where the VM instance data are stored'),
+    cfg.StrOpt('os_admin_tenant_name', default='tenantname',
+               help='The admin tenant name for authentication '
+                    'with Nova using Keystone'),
+    cfg.StrOpt('os_admin_user', default='username',
+               help='The admin user name for authentication '
+                    'with Nova using Keystone'),
+    cfg.StrOpt('os_admin_password', default='adminpassword',
+               help='The admin password for authentication '
+                    'with Nova using Keystone'),
+    cfg.StrOpt('os_auth_url', default='http://controller:5000/v2.0/',
+               help='The OpenStack authentication URL'),
+    cfg.ListOpt('compute_hosts', default=['compute1', 'compute2', 'compute3'],
+                help='A coma-separated list of compute host names'),
+    cfg.BoolOpt('block_migration', default=True,
+                help='Whether to use block migration (includes disk migration)'),
+    cfg.StrOpt('compute_user', default='neat',
+               help='The user name for connecting to the compute hosts '
+                    'to switch them into the sleep mode'),
+    cfg.StrOpt('compute_password', default='neatpassword',
+               help='The password of the user account used for connecting '
+                    'to the compute hosts to switch them into the sleep mode'),
+    cfg.StrOpt('sleep_command', default='pm-suspend',
+               help='A shell command used to switch a host into the sleep mode, the'
+                    'compute_user must have permissions to execute this command'),
+    cfg.StrOpt('ether_wake_interface', default='eth0',
+               help='The network interface to send a magic packet from '
+                    'using ether-wake'),
+    cfg.StrOpt('algorithm_vm_placement_factory',
+               default='neat.globals.vm_placement.bin_packing.best_fit_decreasing_factory',
+               help='The fully qualified name of a Python factory function that returns a'
+                    'function implementing a VM placement algorithm'),
+    cfg.DictOpt('algorithm_vm_placement_parameters',
+                default={'cpu_threshold': 0.8, 'ram_threshold': 0.95, 'last_n_vm_cpu': 2},
+                help='A JSON encoded parameters, which will be parsed and passed to the'
+                     'specified VM placement algorithm factory')
 ]
 
 local_manager_opts = [
-    cfg.StrOpt('host', default='0.0.0.0',
-               help='Name of the executor node. This can be an opaque '
-                    'identifier. It is not necessarily a hostname, '
-                    'FQDN, or IP address.'),
-    cfg.StrOpt('topic', default='executor',
-               help='The message topic that the executor listens on.'),
-    cfg.StrOpt('version', default='1.0',
-               help='The version of the executor.')
+    cfg.IntOpt('local_manager_interval', default=300,
+               help='The time interval between subsequent invocations '
+                    'of the local manager in seconds'),
+    cfg.StrOpt('algorithm_underload_detection_factory',
+               default='neat.locals.underload.trivial.last_n_average_threshold_factory',
+               help='The fully qualified name of a Python factory function that returns a'
+                    'function implementing an underload detection algorithm'),
+    cfg.DictOpt('algorithm_underload_detection_parameters',
+                default={'threshold': 0.5, 'n': 2},
+                help='A JSON encoded parameters, which will be parsed and passed to the'
+                     'specified underload detection algorithm factory'),
+    cfg.StrOpt('algorithm_overload_detection_factory',
+               default='neat.locals.overload.mhod.core.mhod_factory',
+               help='The fully qualified name of a Python factory function that returns a'
+                    'function implementing an overload detection algorithm'),
+    cfg.DictOpt('algorithm_overload_detection_parameters',
+                default={'state_config': [0.8],
+                         'otf': 0.1,
+                         'history_size': 500,
+                         'window_sizes': [30, 40, 50, 60, 70, 80, 90, 100],
+                         'bruteforce_step': 0.5,
+                         'learning_steps': 10},
+                help='A JSON encoded parameters, which will be parsed and passed to the'
+                     'specified overload detection algorithm factory'),
+    cfg.StrOpt('algorithm_vm_selection_factory',
+               default='neat.locals.vm_selection.algorithms.minimum_migration_time_max_cpu_factory',
+               help='The fully qualified name of a Python factory function that returns a'
+                    'function implementing a VM selection algorithm'),
+    cfg.DictOpt('algorithm_vm_selection_parameters',
+                default={'last_n': 2},
+                help='A JSON encoded parameters, which will be parsed and passed to the'
+                     'specified VM selection algorithm factory')
 ]
 
 collector_opts = [
-    cfg.StrOpt('host', default='0.0.0.0',
-               help='Name of the executor node. This can be an opaque '
-                    'identifier. It is not necessarily a hostname, '
-                    'FQDN, or IP address.'),
-    cfg.StrOpt('topic', default='executor',
-               help='The message topic that the executor listens on.'),
-    cfg.StrOpt('version', default='1.0',
-               help='The version of the executor.')
+    cfg.IntOpt('data_collector_interval', default=300,
+               help='The time interval between subsequent invocations '
+                    'of the data collector in seconds'),
+    cfg.FloatOpt('host_cpu_overload_threshold', default=0.8,
+                 help='The threshold on the overall (all cores) utilization '
+                      'of the physical CPU of a host, above which the host '
+                      'is considered to be overloaded.'
+                      'This is used for logging host overloads into the database.')
+]
+
+database_opts = [
+    cfg.StrOpt('sql_connection', default='mysql://neat:neatpassword@controller/neat',
+               help='The host name and credentials for connecting '
+                    'to the MySQL database specified in the format '
+                    'supported by SQLAlchemy')
 ]
 
 CONF = cfg.CONF
 
 CONF.register_opts(pecan_opts, group='pecan')
+CONF.register_opts(default_opts, group='default')
 CONF.register_opts(api_opts, group='api')
 CONF.register_opts(global_manager_opts, group='global_manager')
 CONF.register_opts(local_manager_opts, group='local_manager')
 CONF.register_opts(collector_opts, group='collector')
+CONF.register_opts(database_opts, group='database')
 
 CONF.register_cli_opt(use_debugger)
 CONF.register_cli_opt(launch_opt)