1. Static Synchronous Compensator (Statcom) is a member of Flexible AC Transmission System (FACTS) devices that uses power electronics to control voltage and reactive power on AC transmission networks.
2. A Statcom consists of a voltage source converter with a DC capacitor that generates a voltage in phase or 180 degrees out of phase with the transmission line to inject or absorb reactive power.
3. Statcoms provide benefits like increasing transmission line loading capacity, improving power flow control and system stability, and dynamic reactive power compensation with response times less than 10 milliseconds.