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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