Modern power system is undergoing a paradigm shift from the synchronous generators-based system to the power electronics converters-dominated system. With the high penetration of converters, serious stability problems are provoked, especially the wideband oscillations (e.g., sub-synchronous oscillations, harmonic oscillations, etc). Various studies have been conducted in this respect, while most of them separate the ac-side stability with the dc-side stability. However, for the stability analysis of the hybrid AC/DC grid, it is necessary to consider the converter's ac-side and dc-side, simultaneously. In this paper, the stability analysis of voltage source converters (VSCs) considering both ac and dc dynamics is carried out. At first, the threeport AC/DC admittance model of VSCs is established, and the corresponding measurement method from simulations is presented to validate its accuracy. Secondly, based on such three-port model, two stability analysis methods are presented: the one is based on the system open-loop model, where the stability can be judged via the Generalized Nyquist Criterion (GNC); the other one is based on the system closed-loop model, whose stability can be predicted through the pole-zero calculation. At last, a test AC/DC system is built in MATLAB/Simulink, by which the effectiveness of the three-port model-based stability analysis is validated.
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