The world's electric power supply systems are interconnected in one way or another and in various regional and in many cases inter-regional and international connections. The reason behind such complex operation of the power network is to reduce costs of operation and increase the reliability and security of the power supply. Today, a revolution is underway in the Electrical Supply Industry. Economics, increasingly sophisticated consumers of electrical energy and the continuous demand for renewable energy have created one of the greatest challenges and opportunities the electricity supply industry has ever had to face.

This is to provide substantially increased quality and security of supply, with respect to the environment (as emphasised at the Kyoto summit), in the rapidly emerging de-centralised market for electricity worldwide. Power Electronics Control of De-regulated Power Systems will play a significant role in the near future and companies need to be positioned to take a lead in this globally competitive technology. The management of the integration of new generation power electronic systems worldwide will affect enormously all sectors of the market: Power generation. Transmission. Distribution Utilisation Equipment manufacturers.