The invention relates to an operation and 
safety monitoring simulation system for a power 
system, which comprises a power 
system full digital real-time 
simulation subsystem used for simulating the operation of a large-scale power system in real time and providing 
simulation data to other subsystems, a 
power market simulation subsystem used for simulating and training 
power market transaction, a PMU / WAMS subsystem used for carrying out real-time 
dynamic monitoring and analysis on a simulated power system, an 
SCADA / EMS subsystem used for monitoring and analyzing the simulated power system, a fault 
information management subsystem used for managing and comprehensively utilizing fault information, a power system dynamic safety assessment and early warning subsystem used for carrying out safety assessment and early warning on the current power system and carrying out safety 
verification on the 
operation mode of a future plan, a safety and stability 
control system performance test subsystem used for testing the performance of a 
protective relay device, a power system stabilizer (PSS) and other automated equipment as well as a safety and stability 
control system and equipment, a power system fault diagnosis subsystem used for carrying out on-line diagnosis and intelligent safety alarming on the fault of the simulated power system and providing a dispatching control decision under the fault condition, and a power 
system recovery control subsystem used for recognizing the state of the fault of the simulated power system, searching and inferring the power supply path of an outage region and providing a 
power grid recovery control strategy. The system can simulate the operation of a large-scale 
power grid in real time, and can be used for searching and comprehensively testing the technology and 
software of various power systems in dispatching, operation, control and other aspects.