This Special Issue of Energies, “Modern Power System Dynamics, Stability and Control”, addresses the core problem of deploying novel aspects in the analysis of modern power systems as these are composed after the high penetration of distributed generation (DG) with different renewable energy sources (RES). The focus is given either on the new whole power and control system configuration or on individual cases of DG sources, power converters and other general or specific plants and devices. The problem can be tackled with different methodologies and may have several, more or less valuable and complicated solutions. The twenty-three accepted papers certainly offer a good contribution in a wide range of applications; they are extended from basic system theory perspectives, fundamental nonlinear analysis tools and novel modeling deployments to some interesting particular system and control issues.