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A structure-preserved power-frequency slow dynamics simulation model is suggested for interconnected ac/dc power systems with automatic generation control (AGC) consideration, which will be applied to study relevant emergency control in future so that the bulk system viability crisis caused by load-frequency slow dynamics can be released. In the model, the network structure of interconnected power systems is entirely preserved, and the multi-area dynamic load flow (DLF) is developed for simulation. The generator speed governor and rotor dynamics, load-frequency characteristics, simplified models for high voltage direct current (HVDC) transmission and flexible ac transmission systems (FACTS) device thyristor controlled series capacitor (TCSC) suitable for long-term dynamics are considered with their AGC interfaces kept for future emergency-AGC study. However, at this stage, the sub-problem of reactive power and voltage is neglected for modelling simplicity and dc load flow is thus used for network solution. The concept of area centre of inertia (ACOI) is used based on the assumption of uniform frequency in each control area similar to that of the conventional single-area DLF calculation. The application of ACOI concept is attractive because the signal can be obtained from wide-area measurement systems (WAMSs) in real time and used to enhance long-term frequency stability through advanced control in future. The computer test results from 2-area 4-machine and IEEE 30-bus power systems demonstrated the validity and effectiveness of the suggested model and corresponding algorithm.