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Power electronics based equipment, Flexible AC Transmission Systems (FACTS), provide proven technical solutions to address these new operating challenges being presented today. The potential benefits of the FACTS equipment are now widely recognized by the power systems engineering and T&D communities.
This paper focuses on the summary of issues and benefits of applying FACTS controllers to AC power systems. The overall process for the system studies and the analysis associated with the FACTS installation projects and the need for FACTS controller models is also discussed. Finally an introduction to the basic circuits of several FACTS controllers is provided with a focus on their systems performance characteristics...
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