The global electrical energy consumption is still rising and there is a steady demand to increase the power capacity, to produce, distribute and use the energy as0 efficient as possible and furthermore to set up incentives to save energy at the md-user. Two major technologies will play important roles to fulfill those targets. One is to change the electrical power production sources from the conventional, fossil (and short term) based energy sources to renewable energy resources. The other is to use high efficiency power electronics in power systems for high efficiency and high performance applications. This paper discusses both areas, in particular the power electronic application in wind power integration.