This document discusses recent trends in power system modeling and simulation. It covers modeling of various power system components like synchronous generators, transformers, transmission lines, and loads. It also discusses modeling of controllers like automatic voltage regulators and load frequency controllers. The document presents various simulation techniques for load flow analysis, short circuit analysis, and stability studies. It emphasizes the need for accurate modeling of power system components and the use of simulation packages to study power system performance under normal and contingency conditions.