ABSTRACT
Next-generation optimization technology is needed to solve the grand challenge problem of the future grid consisting of generation, transmission, distribution, and appliances. The book has addressed some of the new advances, with fundamentals and algorithms describing the variants of optimization methods. There is a lot of work to be done to ensure that the optimization methods are capable of handling practical systems, equipped with controls and measurements, and fascinate the design of a resilient, efficient, and secured power system under different contingencies. These issues are of current interest to researchers and utility industry and needs to be addressed as part of future open research questions described in the rest of the chapter.
