Abstract
This chapter discusses the fundamental terms and concepts used in today's electric power systems. Electric power systems are real‐time energy delivery systems. Electric power systems are not storage systems like water systems and gas systems. A full‐scale actual interconnected electric power system is much more complex than that shown; however, the basic principles, concepts, theories, and terminologies are all the same. The chapter reviews the basic terms and concepts most often used by industry professionals and experts to describe and discuss electrical issues in small‐to‐large power systems. There are basically two physical laws that describe how electric power systems work. One law has to do with generating a voltage from a changing magnetic field and the other has to do with a current flowing through a wire creating a magnetic field. Both physical laws are used throughout the entire electric power system from generation through transmission, distribution, and consumption.
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