Abstract :
Presents the introductory editorial for this issue of the publication. The articles in this issue focus on new paradigms in the worldwide power sector. These paradigms affect every aspect of the system, including the technologies that exist today coupled with environmental factors, renewables, demand response, and regulatory concerns, among others. The challenges are global, but the responses from around the globe reflect conditions that are present???as well as anticipated???in different parts of the world. As a result, there is a crying need for innovation to create logical, workable electricity markets directed toward specific needs and requirements.