Electric power is a basic requirement for present day life and its various economic sectors. To satisfy the ever-increasing needs for electricity, the number of generating units, transmission lines and distribution systems is rising steadily. In addition, electric power systems are among the most complex industrial systems of the modern age. Beside complexity, the generation of electric power is a main source of gaseous emissions and pollutants. The planning and operation of electric power systems must be done in a way that the load demand is met reliably, cost-effectively and in an...