This book is a collection of chapters describing the advanced and future aspects of smart grid technology. The book emphasizes technical issues, theoretical background and practical applications that drive postgraduates, researchers and practicing engineers with the right advanced skills, vision and knowledge who will further be capable of leading in teams involved in the modelling, control, design, and optimization of the future smart grids. This feature strengthens the benefits of the book for the readers who will gain an insightful understanding of future smart grid challenges including: (i) the formulation of decision-making models, (ii) the familiarization with efficient solution algorithms for such models and (iii) insights into these problems through the detailed analysis of numerous illustrative examples. Further the chapters in this book provide comprehensive coverage of modelling, control and optimization of smart grid which are quite different from most technical publications.

Surender Reddy Salkuti received Ph.D. degree in electrical engineering from Indian Institute of Technology, New Delhi, India, in 2013. He was a Postdoctoral Researcher at Howard University, Washington, DC, USA, from 2013 to 2014. He is currently working as an Associate Professor in the Department of Railroad and Electrical Engineering, Woosong University, Daejeon, Republic of Korea. His current research interests include power system restructuring issues, ancillary service pricing, real& reactive power pricing, congestion management, and market clearing, including renewable energy sources, demand response, smart grid development with integration of wind and solar photovoltaic energy sources, battery storage and electric vehicles, artificial intelligence applications in power systems, and power system analysis and optimization. He received Distinguished Researcher Award from Woosong University Educational Foundation, Republic of Korea in 2016, and POSOCO Power System Award (PPSA), India in 2013. He is a Member of the IEEE and IEEE Power and Energy Society.

P pia Ray received the Ph.D. degree in Electrical Engineering from the Indian Institute of Technology, New Delhi, India, in 2013. She is currently working as an Associate Professor in the Department of Electrical Engineering, Veer Surendra Sai University of Technology, Burla, Odisha and is having more than 17 years of teaching experience. Her current research interests include power system protection, power quality, wide-area measurement systems, artificial intelligence applications in power system protection and microgrid protection. She is the recipient of the Young Scientist Award from DST in 2015. She has published numerous papers in various journals and conferences and is also an active reviewer for several reputed journals. She is a senior member of IEEE, Life member of Indian Society for Technical Education and Member of Institution of Engineer's India Ltd. Recently She has edited a book on 'Microgrid: Operation, Control, Monitoring and Protection' published by Springer.