Basic laws of phenomena and processes on which modern electric power industry is based; on the basis of these views, the structure, principles of operation, operating modes, etc. of the power generating equipment are explained; all issues related to the production, transmission and distribution of electric energy are covered. The textbook is intended for students of energy universities who master industrial management in the energy sector in the areas of training "Electric Power," "Heat and Power Engineering," as well as "Power Engineering." The book will be useful for students of the system of additional professional education, for those who want to improve the qualifications of energy producers, managers of energy companies. The previous edition of the textbook, significantly revised and supplemented with new chapters, was published in 2010 at the MPEI Publishing House.