In recent years it has become increasingly apparent that conventional electrical networks cannot meet the requirements of the 21st century. These include reliability, efficiency, liberalisation of electricity markets, as well as effective and seamless integration of various types of renewable energy sources, electric vehicles, and customers as players. The emergence of new technologies such as distributed control, monitoring devices, and tremendous advances in information and communication technology have paved the way to realize the Smart Grid concept. This book identifies and discusses the tools required to ensure the interoperability among the various digitally-based components of the Smart Grid.