The increasing complexity of modern Very Large-Scale Integration (VLSI) circuits, combined with unavoidable variations in physical and manufacturing parameters, poses significant challenges for accurate and efficient circuit simulation. Parametric model order reduction (PMOR) provides a viable solution by enabling the construction of compact reduced-order models that remain valid across a prescribed parameter space. However, the computational cost of generating such models can become prohibitive for large-scale circuits, particularly when high-fidelity projection subspaces are required. In this work, we present an efficient PMOR framework based on the Asymmetric Extended Krylov Subspace (AEKS). The proposed approach exploits structural sparsity imbalances between system matrices to guide the subspace expansion toward computationally favorable directions, thereby significantly reducing the cost of repeated linear system solves. By integrating AEKS within a concatenation-of-basis PMOR strategy, this method enables the rapid construction of accurate parametric reduced-order models for large-scale circuit systems. The proposed AEKS-PMOR framework is evaluated on industrial power distribution network benchmarks, where it demonstrates substantial reductions in model construction time compared to conventional EKS-based PMOR, while maintaining high approximation accuracy over the entire parameter space.
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