Stephen T. Lee, Senior Technical Executive, Electric Power Research Institute. Dr. Lee has over 40 years of electric power industry experience. He received his S.B., S.M., E.E. and Ph.D. degrees from M.I.T. in Electrical Engineering, majoring in Power System Engineering, in 1969, 1970, 1971 and 1972, respectively. He worked for Stone & Webster Engineering Corporation in Boston, and Systems Control, Inc. in Palo Alto, California, and he was Vice President of Consulting for Energy Management Associates (EMA). Before joining EPRI in 1998, Dr. Lee was an independent Consultant in utility planning and operation. At EPRI, Stephen Lee has managed and directed technical research programs for power system analysis, planning and operations, and has been actively developing new concepts and tools for power system operation and transmission planning. He is considered one of the top Thought Leaders of EPRI. Dr. Lee actively participates in activities of the North American Electric Reliability Corporation (NERC) in the Operating Committee and reliability standards and is a co-chair of the Reliability Fundamentals Working Group. Recently, he is active in the research of the Holistic Vision of the Smart Grid. Stephen is a board member of The 1990 Institute and a Smart Grid task force co-chair of the US-China Green Energy Council.