With system parameters falling into a certain area, power system with excitation limits experiences complicated chaotic oscillations which threaten the secure and stable operation of power system. In this paper, to control these unwanted chaotic oscillations, a straightforward adaptive chaos controller based on Lyapunov asymptotical stability theory is designed. Since the presented controller does not need to change the controlled system structure and not to use any information of system except the system state variables, the designed controller is simple and desirable.Simulation results show that the proposed control law is very effective. This work is helpful to maintain the power system’s security operation.