I. Introduction
Dynamics simulation, or transient stability analysis, is an important function in the planning, design, and post-disturbance analysis of power systems but its application is restricted to offline studies because of the computational requirements. Providing system operators with the capability to examine the system dynamics in real-time, or faster than real time, creates a new paradigm in power system operation by facilitating real time or predictive control actions. This is particularly important because the power system behavior is becoming increasingly dynamic.