I. Introduction
Over THE past three decades, a great effort has been devoted to the application of direct methods to power-system transient stability analysis in real time. In spite of that, some difficulties were not yet overcome. One issue is the nonexistence of Lyapunov functions for power systems with losses. Considerable efforts have been made in finding energy functions for power systems with losses. However, these efforts have been in vain. In this paper, the word “losses” is used to refer to transmission-line resistances in the network-preserving models, or to the transfer conductance which appears in the nodal admittance matrix as a consequence of network reduction.