The rapid development of power electronics technology provides exciting
opportunities to develop new power system equipment for better
utilisation of existing systems. Deregulation of the supply industry
worlwide, and the resulting competition, is forcing utilities to operate
their facilities at ever higher efficiency, driving this trend. During
the last decade, a number of control devices under the term flexible ac
transmission systems (FACTS) technology have been proposed and
implemented. This book provides a comprehensive guide to FACTS, covering
all the major aspects in research and development of FACTS technologies.
Various real-world applications are also included to demonstrate the
issues and benefits of applying FACTS. Written by international experts
in the field from both industry and academia, this book will be a useful
reference for professional engineers involved in the operation and
control of modern power systems. It will also be of value to
postgraduate students and researchers.