Electric Power Systems refer to the network of electrical components that generate, transmit, and distribute electricity. This system includes power plants, transformers, transmission lines, and substations, all working together to deliver electricity from producers to consumers. The main goal of Electric Power Systems is to ensure a reliable and efficient supply of electricity. They are designed to manage the flow of electrical energy, maintain voltage levels, and balance supply and demand. Key elements include renewable energy sources, grid management, and load forecasting to optimize performance and sustainability.