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Transient operating conditions in electrical systems not only have significant impact on the operating behavior of individual components but indirectly affect system and component reliability and life. Specifically, transient loads can cause additional loss in the electrical conduction path consisting of windings, power electronic devices, distribution wires, etc., particularly when loads introduce high peak vs. average power ratios. The additional loss increases the operating temperatures and thermal cycling in the components, which is known to reduce their life and reliability. Further, mechanical stress caused by dynamic loading, which includes load torque cycling and high peak torque loading, increases material fatigue and thus reduces expected service life, particularly on rotating components (shaft, bearings).