The electrical grid is an impressive feat of engineering and management that has played a crucial role in the development and growth of most nations. The goal of this book is to describe the grid in layman terms and give you a thorough understanding of how it works. It focuses on the three pillars of the grid; generation, transmission, and distribution to show how they came together to power the world, and the tremendous change now happening as new technologies and renewable resources create a more decentralized system. All aspects of the grid are covered including equipment, software systems, operations, regulatory, financing, and future challenges. Features & Benefits:Description of the elements and organizations that make up the electrical gridHow the bulk power system generates electricityHow the transmission system carries electricity over long distancesThe process of delivery of electricity to consumers through the distribution gridDescription of the specialized equipment in the electrical gridThe core and advanced software systems that enable the electrical grid to functionHow a distribution utility operates day to dayThe many types of regulatory agencies and how the utilities finance their operationsWhat's next for the electrical grid