Power system stability is concerned with the system’s dynamic behaviour following a physical disturbance. The loss of stability can lead to catastrophic consequences such as cascading failure and even wide-spread blackout. Therefore, maintaining power system stability has long been an essential requirement for secure and continuous electricity supply to the customers. With the smart grid development, the intermittent generation from renewable energy sources (RES) and the active demand-side participation brings more uncertainties to the system operation. In such highly volatile operating environment, online and real-time power system stability assessment is of great significance to avoid blackout events. The conventional stability assessment...