This book highlights recent research advancements in the area of power and energy systems. Electrical networks all around the world are experiencing the integration of various types of energy resources including energy storage systems, and these systems are forming the future of power generation and delivery systems. There has been significant research interest in this area over the past decade. Proper designing, planning and operating such systems are crucial and the key area of interest for researchers and utilities. The key emphasis of this book is on modeling, analysis, optimization and management aspects of different types of power and energy systems and assets within electrical power networks. Interesting topics such as their planning, operation and technology accommodation are also presented in detail. The chapters introduce existing and new modeling approaches, optimization, control and management methods.