This book highlights recent research advancements in the area of microgrids and virtual power plants. Microgrids and virtual power plants are the future of power generation and delivery systems, and there has been significant research interest in this area over the past decade. The key emphasis of this book is on the various modelling, analysis, and management aspects of microgrids and virtual power networks. Interesting topics such as their planning, operation, and technology accommodation are presented in detail. The chapters in the book discuss existing and new modelling approaches, control and management methods, as well as their structures, planning, monitoring, protection, and coordination. This book introduces and covers these topics in a comprehensive and coherent way for professionals and researchers.