Book excerpt: This edited volume is a collection of reviewed and relevant research chapters offering a comprehensive overview of recent achievements in the field of micro-grids and electric power conversion. The book comprises single chapters authored by various researchers and is edited by a group of experts in such research areas. All chapters are complete in themselves but united under a common research study topic. This publication aims at providing a thorough overview of the latest research efforts by international authors on electric power conversion, micro-grids, and their up-to-the-minute technological advances and opens new possible research paths for further novel developments.