| Summary: | During the last decade the dynamic properties of power systems have been altered drastically, due to the emerge of new non-conventional types of loads as well as to the increasing penetration of distributed generation. To analyze the power system dynamics and develop accurate models, measurement-based techniques are usually employed by academia and power system operators. In this regard, in this paper an identification toolbox is developed for the derivation of measurement-based equivalent models and the analysis of dynamic responses. The toolbox incorporates eight of the most widely used mode identification techniques as well as several static and dynamic network equivalencing models. First, the theoretical background of the mode identification techniques as well as the mathematical formulation of the examined equivalent models is presented and analyzed. Additionally, multi-signal analysis methods are incorporated in the toolbox to facilitate the development of robust equivalent models. Additionally, an iterative procedure is adopted to automatically determine the optimal order of the derived models. The capabilities of the toolbox are demonstrated using simulation responses, acquired from large-scale benchmark power systems, as well as using measurements recorded at a laboratory-scale active distribution network.
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