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The capability of effectively analyzing complex systems is fundamental to the operation, management and planning of power systems. This book offers broad coverage of essential power system concepts and features a complete and in-depth account of all the latest developments, including Power Flow Analysis in Market Environment; Power Flow Calculation of AC/DC Interconnected Systems and Power Flow Control and Calculation for Systems Having FACTS Devices and recent results in system stability.Modern Power Systems Analysis provides new theories, models, and algorithms for the analysis of electrical power systems. It features recent developments in this area such as power flow analysis in a market environtment, calculation of AC/DC interconnected systems, control and calculation for FACTS devices, and stochastic security analysis. This work serves as a useful reference for the professional engineer and researcher involved in the operation and control of electrical power systems.