JAESEOK CHOI, PHD, is Full Professor at Gyeongsang National University and is a Fellow of the Korean Institute of Electrical Engineers. He is a senior member of the IEEE Power Engineering Society and participates in the Reliability, Risk, and Probability Applications Subcommittee. KWANG Y. LEE, PHD, is Professor and Chair of Electrical and Computer Engineering at Baylor University and a Life Fellow of IEEE. He is a member of the Intelligent Systems Subcommittee and Station Control Subcommittee of the IEEE Power and Energy Society.