Due to a rapid increase in the utilization of power converter-based renewable energy sources (RESs), the overall system inertia in an interconnected power system might be significantly reduced, increasing the vulnerability of the interconnected power system to the system instability. To overcome problems caused by the significant reduction in system inertia, this paper proposes a new application of virtual inertia control to improve frequency stability of the interconnected power system due to high penetration level of RESs. The derivative control technique is introduced for higher-level applications of virtual inertia emulation. Thus, the proposed virtual inertia control loop has a second-order characteristic, which provides a simultaneous enabling of damping and inertia emulations into the interconnected power system, enhancing frequency stability and resiliency. System modeling and simulation results are carried out using MATLAB/Simulink ® (R2016b, MathWorks, Natick, MA, USA). Trajectory sensitivities are also performed to analyze the dynamic effects of virtual inertia control's parameters on the system stability. The effectiveness of the virtual inertia control concept on stability improvement is verified through a multi-area test system with high RESs penetration level for different contingencies.