1) Power system stability refers to a power system's ability to maintain synchronous operation after experiencing a disturbance such as a fault or load change. It is classified as steady state stability or transient stability.
2) Steady state stability concerns the ability to maintain synchronism under gradual load increases. Transient stability deals with the ability to maintain synchronism under large sudden disturbances that cause rotor angle deviations.
3) Transient stability is assessed using the swing equation, which relates rotor angular acceleration to mechanical power input and electrical power output. The equal area criterion can determine stability without solving the swing equation by requiring the areas on either side of the power-angle curve to be equal.