Power Systems 4.0

The book starts by looking at the fundamentals and concepts of power systems, from analog to digital systems to the advent of smart grids. It explains issue of explosion of adoption of renewable energy, impact on existing transmission and distribution systems, and mitigation, and takes a look at the future grid. Finally, the book explores the advent of the Fourth Industrial Revolution (4IR); its impact on the existing grid optimization and control; its impact on the generation, transmission, and distribution systems; utility business models; and the legal and regulatory space.Features: Walks the reader through power system evolution and grid modernization from analog to digital to 4IR systems Explains the exclusive combination of 4IR and power systems Ties smart grid to related aspects of optimization, control, grid operation and emerging technologies Digs deeper into power system control and optimization tools Looks at the exponential growth of renewables, challenges to the grid, opportunities and mitigation This book is aimed at undergraduate students, graduate students, and researchers in power engineering and systems.