The document discusses the performance of Flexible AC Transmission System (FACTS) devices on voltage stability in a deregulated power system. It focuses on enhancing voltage stability using FACTS controllers like Static Var Compensator (SVC) and Thyristor-controlled series capacitor (TCSC). The optimal location of FACTS devices is determined using sensitivity methods. The effectiveness of the proposed method is demonstrated on a modified IEEE-9 bus system using PowerWorld simulator 8.0.