Whether due to environmental concerns, government incentives and regulations or rising gas prices; the electrification of transportation is gaining momentum around the world. According to Arthur D. Little’sreport, by 2030 there will be more than 40 million passenger electric vehicles on European roads. As exciting as this news sounds from the environmental perspective, it is alarming for grid operators. Due to the sudden demand for electricity, local distribution systems might suffer from temporary overloads, leading to power outages and other grid stability issues, such as voltage spikes and frequency fluctuations that can affect the performance of other equipment connected to the grid.