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The smart grid is characterized as a unified power system with all of its
connected substations and generation resources. This makes the power transmission
and distribution a road with two avenues of information and electricity flows. Power
flows have always been available and the development of new information
technologies over the web and synchrophasors have made data available over the
globe. The larger the size of the network the more complicated are control strategies.
This complication makes the control of power system a chain of multivariable
objectives, constraints and interactive control strategies. It is essential that every facet
and constraint in power system be taken into account; so that a robust, reliable and
comprehensive solution is achieved.