The document discusses the per unit system which is used to analyze power systems. It defines the per unit system and provides the following key points:
1) The per unit system uses a common base value for voltage, current, impedance, and other values to simplify calculations since actual power system values are very large.
2) Impedance and other values in per unit are represented as percentages of the defined base value.
3) The per unit system provides a standard reference for comparing different power systems or components within a power system.