As a result of the increase in penetration of inverter-based generation such as wind and solar, the dynamics of the grid are being modified. These modifications may threaten the stability of the power system since the dynamics of these devices are completely different from those of rotating generators. Protection schemes need to evolve with the changes in the grid to successfully deliver their objectives of maintaining safe and reliable grid operations. This paper explores the theory of traveling waves and how they can be used to enable fast protection mechanisms. It surveys a list of signal processing methods to extract information on power system signals following a disturbance. The paper also presents a literature review of traveling wave-based protection methods at the transmission and distribution levels of the grid and for AC and DC configurations. The paper then discusses simulations tools to help design and implement protection schemes. A discussion of the anticipated evolution of protection mechanisms with the challenges facing the grid is also presented.

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This paper presents a new method for detecting power quality disturbances, such as faults. The method is based on the dynamic mode decomposition (DMD) -a data-driven method to estimate linear dynamics whose eigenvalues and eigenvectors approximate those of the Koopman operator. The proposed method uses the real part of the main eigenvalue estimated by the DMD as the key indicator that a power quality event has occurred. The paper shows how the proposed method can be used to detect events using current and voltage signals to distinguish different faults. Because the proposed method is window-based, the effect that the window size has on the performance of the approach is analyzed. In addition, a study on the effect that noise has on the proposed approach is presented.

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