This§book offers a comprehensive overview of the state-of-the-art research on modern§electricity transmission and distribution networks. It presents novel,§efficient and user-friendly software tools for power systems studies on issues§related to distributed and dispersed power generation and the correlation§between renewable power generation and electricity demand. It also discusses§new methodologies that manage grid stability and control problems, and addresses§transmission and distribution-network safety and protection issues regarding energy§storage and power quality, as well as the application of embedded systems on§the transmission and distribution networks. Lastly, it sheds light on the§implications of these new methodologies and developments on the economics of§the power industry.§