How to automatically change power modes when plugged in and on battery? 2024

I'm looking for something which is pretty simple, yet I've spent the last couple of days searching forums and settings with no success.

Here is what I want: When my laptop is plugged in, I want Windows to recognize that it is plugged in and automatically activate the Best Performance power mode. When I unplug my laptop, I want Windows to recognize that it is on battery power and automatically activate the Balanced power mode.

Please tell me that there is a way to do this.

So far, the best workaround I have found is to go into the advanced settings for a certain power mode where I can change things like desktop background slide show (paused/available), wireless adapter power saving mode (max power saving, medium, low, max performance) etc. and manually change all of the settings to match what they would be for Best Performance and Balanced. This seems like a very tedious exercise and I'm not even sure I'll catch all of the various behind-the-scenes changes of the different power modes.

I know that I could easily change power modes manually when I plug in/unplug my laptop, but there are many things that we could easily do manually throughout the day but we take advantage of the option to automate. I've forgotten to change my settings to Balanced on more than one occasion when getting to work without a charger and I've found myself running out of battery faster than I'd like. 

I appreciate any help on the matter. 

Thanks!