Currently, many electric utilities in the world are considering approaches to offering premium power to their customers. Premium power park (PPP) has emerged as one of the approaches, designed to compensate for voltage variations and to meet customer power quality needs. To protect sensitive loads, premium grade power should be provided for such loads by using a more-reliable distribution configuration and/or a combination of state-of-the-art custom power devices (CPDs). The objectives of this book are to evaluate and identify premium power options to be offered to customers by developing various configurations of PPP and to determine optimal placement of CPDs.