Today's time-domain and traveling-wave protective relays operate in 1 to 2 ms. about an order of magnitude faster than their predecessors. Characteristics of sources, CT saturation, and series compensation have little or no impact on the security. The main drivers are the anticipated improvements in power system stability and power transfer capability which have become even more. There are many different types of relaying schemes that are available today. The various schemes to be discussed are described in detail in Appendix. The decades of advancements of protection devices (from electromechanical to modern numerical relays) have allowed a significant reduction in protection operate time, from tens of milliseconds down to almost zero. Ideally, we want a protection element to respond.
