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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.
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