This document provides an overview of Flexible AC Transmission Systems (FACTS) including:
- FACTS devices use power electronics to improve controllability and increase power transfer capability of AC transmission systems.
- FACTS devices are classified based on their connection type to the network and technological features.
- Common FACTS devices include SVC, STATCOM, SSSC, TCSC, and UPFC.
- FACTS provide benefits like better asset utilization, improved reliability, stability, and power quality.