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The supply of sustainable energy is one of the greatest challenges of our modern society. Governments, universities and industries must cooperate intensively to develop sustainable energy sources that meet future requirements. A great advantage of electric energy supply is that it can be transported easily over large distances. It is widely recognized that the development and integration of sustainable sources also requires an innovation of the electrical grid and associated technologies for generation, transmission, distribution and energy storage systems.

Some utilities have made TOU rates mandatory for large customers. Savings from time of use rates vary depending on the size of the peak/off-peak price differential and the length of the peak period. Another type of tariff setting for LM is spot price. The message is sent to customers to indicate the price of electricity for an instant of time. A spot price scheme is appreciable if electricity price fluctuation is high and if the consumer can anticipate the price behavior as well as being able to respond quickly when the electricity price is high or low.

In the absence of proper coordination, it is most likely that these PEVs will charge and discharge during the overall peak load period [3] causing severe branch congestions, unpredictable system peak demands, unaccepted voltage deviations, significant increase in losses and poor power quality. Some studies conducted by authors in [7, 9] have observed that the existing distribution system infrastructure would only support a very low PEV penetration level without grid operation procedure changes or additional grid infrastructure investments.

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