SUMMARYElectric power systems in Japan are composed of remote and distributed location of generators and loads mainly concentrated in large-demand areas. The structures having long-distance transmission tend to produce heavy power flow with increasing electric power demand. In addition, some independent power producers (IPP) and power producer and suppliers (PPS) are participating in the power generation business, which makes power system dynamics more complex. However, there was little observation as a whole power system. In this paper the authors present a global monitoring system of power system dynamics by using the synchronized phasor measurement of demand-side outlets. Phasor Measurement Units (PMU) are synchronized based on the global positioning system (GPS). The purpose of this paper is to show oscillation characteristics and methods for processing original data obtained from PMU after certain power system disturbances triggered by accidents. This analysis resulted in the observation of the lowest and the second lowest frequency mode. The derivation of eigenvalue with the two-degree-offreedom model brings a monitoring of two oscillation modes. Signal processing based on wavelet analysis and simulation studies to illustrate the obtained phenomena are presented in detail.