Frequency monitoring network (FNET) is an Internet based GPS synchronized wide-area frequency monitoring network deployed at distribution level. At first part of this thesis, FNET structure and characteristics are introduced. After analysis and smoothing FDR signals, the algorithm of event trigger is present with Visual C++ DLL programming. Estimation of disturbance location method is discussed based on the time delay of arriving (TDOA) in the second part of this work. In this section, author shows the multiply method to calculate event time, which is important when deal with pre-disturbance frequency in TDOA part. Two event kinds are classified by the change of frequency and the linear relationship between change of frequency and imbalance of generation and load power is presented. Prove that Time Delay of Arrival (TDOA) is a good algorithm for estimation event location proved by real cases. At last, the interface of DLL module and the key word to import and export DLL variables and function is described. At last, PSS compensation optimization with a set of nonlinear differential algebraic equations (DAE) is introduced in detail. With combining the bifurcation theory of nonlinear system and the optimization theory, the optimal control of small-signal stability of power electric systems are solved. From the perspective of stability margin, global coordination of controller parameters is studied to ensure the stable operation of power grids. The main contents of this thesis include: ï¼ 1ï¼ Models of power systems and test power electric systems. Tht5e dynamic and static models of the elements of power systems, such as generatorbbs, AVRs, PSSs, loads and FACTS controllers are presented. Method of power system linearization modeling is introduced. Three test power systems, WSCC 9-bus system, 2-area system, New England 39-bus system, are used in thesis. ï¼ 2ï¼ Multi-objective optimizations based on bifurcation theory. The optimization models, damping control-Hopf bifurcation control, voltage control-damping control, are presented. Pareto combined with evolutionary strategy (ES) are used to solve multi-objective optimizations. Based on traditional PSS parameters optimizations, it can be formulated as a multi-objective problem, in which, two objectives should be taken into account. The minimum damping torque should be identified. / Master of Science