“…Recently, various signal processing algorithms have been introduced for analyzing electric power data. This includes the system modeling algorithm based on all pole, all zero and autoregressive moving average (ARMA) [3], [4], [5], the singular point method based on residual modeling algorithm [4], [6], [7] and the frequency analysis method based on Fourier transform or filter bank [8], [9], [10], [11]. The system modeling algorithms are simple and powerful for analyzing electric power data, but they require the inverse matrix operation for every iteration.…”