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CONCEPT OF FACTS
Ø A Flexible Alternating Current Transmission System (FACTS) is a system composed of static equipment used for the AC transmission of electrical energy and it is meant to enhance controllability and increase power transfer capability of the network and it is generally a power electronics-based system.
Ø FACTS is defined by the IEEE as “a power electronics based system other static equipment that provide control of one or more AC transmission system parameters to enhance controllability and increase power transfer capability”.
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