The inventive method assesses the stability of an 
electric power transmission network, where said network comprises a plurality of substations, buses and lines, and a 
system protection center (8). It comprises the steps of 1. measuring 
phasor data (9) for voltages and currents at a plurality of locations of the network, 2. transmitting said 
phasor data (9) to said 
system protection center (8), 3. transmitting information (5) regarding the state of switches of at least one substation to the 
system protection center (8), and 4. the 
system protection center (8) determining at least one 
stability margin value of the 
transmission network. In this way, detailed real-
time information about the state of the network is collected at a 
system level of the network, allowing a corresponding global analysis of the information. In a preferred embodiment of the invention, the 
system protection center determines one or more control commands (6), based on the 
phasor data (9) and on the state of switches. The control commands (5) are transmitted to at least one substation and executed there.