Emerging Issues and New Challenges In Electric Power Systems

Abstract

The huge changes facing the electric power industry cry out for bold new approaches and a number of influential organizations have formulated sweeping plans for the world’s energy future. The problems in the regulated power system have grown along with increased interconnections and loading of the systems. Moreover, the unbundling of electricity supply industry into generation, transmission and distribution has given birth to several new challenges. This paper discusses various issues related to both bundled and unbundled power systems and highlights the challenges, which are arising and need special attention.