Traditionally, power engineering has been a subfield of energy engineering and electrical engineering which deals with the generation, transmission, distribution and utilization of electric power and the electrical devices connected to such systems including generators, motors and transformers. Implicitly this perception is associated with the generation of power in large hydraulic, thermal and nuclear plants and distributed consumption. Faced with the climate change phenomena, humanity has had to now contend with changes in attitudes in respect of environment protection and depletion of classical energy resources. These have had consequences in the power production sector, already faced with negative public opinions on nuclear energy and favorable perception of renewable energy resources and about distributed power generation. The objective of this edited book is to review all these changes and to present solutions for future power generation.