Current policies in the U.S. and other countries are trying to stimulate electric transportation deployment. Consequently, plug-in electric vehicle (PEV) adoption will presumably spread among vehicle users. With the increased diffusion of PEVs, lithium-ion batteries will also enter the market on...

In competitive electricity markets, the vertically integrated utilities that were responsible for ensuring system reliability in their own service territories, or groups of territories, often cease to exist. Typically, the burden falls to an independent system operator (ISO) to insure that...

The degree to which any deregulated market functions efficiently often depends on the ability of market agents to respond quickly to fluctuating conditions. Many restructured electricity markets, however, experience high prices caused by supply shortages and little demand-side response. We...