In the paper, the application of multi-criteria optimization of the parameters of PSS3B system stabilizers to damping electromechanical swings in an extended power system (PS) is presented. The calculations of the power system stabilizer (PSS) parameters were divided into two stages. In the first stage, single-machine systems, generating unit – infinite bus, of generating units critical for the angular stability of the PS were analyzed. Time constants and preliminary values of the PSS gains were calculated. In the second stage, the main one, the main gains on which the effectiveness of operation of PSSs depends the most were calculated by multi-criteria optimization of the extended PS. The calculations were carried out in several variants: for two-dimensional objective functions and the six-dimensional objective function. In multi-criteria optimization, the solution is not one set of PSS parameters, but a set of sets of these parameters, i.e. a set of compromises that were determined for each analyzed case. Additionally, for the six-dimensional compromise set, projections of this set on the planes connected with the quantities of individual generating units and the boundary of these projections on these planes were determined. A genetic algorithm adapted to multi-criteria issues was used to minimize the multivariate objective function. Sample calculations were made for the model of the National (Polish) Power System taking into account 57 selected generating units operating in high and extra high voltage networks (220 and 400 kV). The presented calculations show that the applied multi-criteria optimization of the PSS3B stabilizer parameters allows effectively damping electromechanical swings withoutworsening the voltagewaveforms of generating units in the extended PS.