This volume contains papers from the International Conference on Constructive Nonsmooth Analysis (CNSA) held in St. Petersburg, Russia,  June 2012. It explores this powerful instrument in applied mathematics.

Energy is one of the world`s most challenging problems, and power systems are an important aspect of energy-related issues. The Handbook of Power Systems contains state-of-the-art contributions on power systems modeling. In particular, it covers topics like operation planning, expansion planning, transmission and distribution modeling, computing technologies in energy systems, energy auctions, risk management, market regulation, stochastic programming in energy, and forecasting in energy. The book is separated into nine sections, which cover the most important areas of energy systems. The contributions are authored by recognized specialists in their fields and consist in either state-of-the-art reviews or examinations of state-of-the-art developments. The articles are not purely theoretical, but instead also discuss specific applications in power systems.