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The modernization of the US electric power infrastructure, especially in lieu of its aging, overstressed networks; shifts in social, energy and environmental policies, and also new vulnerabilities, is a national concern. Our system are required to be more adaptive and secure more than every before. Consumers are also demanding increased power quality and reliability of supply and delivery. As such, power industries, government and national laboratories and consortia have developed increased interest in what is now called the Smart Grid of the future. The paper outlines Smart Grid intelligent functions that advance interactions of agents such as telecommunication, control, and optimization to achieve adaptability, self-healing, efficiency and reliability of power systems. The author also presents a special case for the development of Dynamic Stochastic Optimal Power Flow (DSOPF) technology as a tool needed in Smart Grid design. The integration of DSOPF to achieve the design goals with advanced DMS capabilities are discussed herein. This reference paper also outlines research focus for developing next generation of advance tools for efficient and flexible power systems operation and control.

The future of OPFs is as bright as ever. Engineers continue to find new uses for those programs. However, they are still only used by a minority. Thus, the challenge to OPFs is to become as popular and as easy to use as conventional power flows. This note examines what power engineers are using off-line OPFs for, what shortcomings they are encountering, and what solutions there could be to these problems. OPF Uses In general, OPFs are applicable when a) studying a problem that requires interactive use of conventional power flows, and