A flexible alternating currenttransmission system is a system composed of static equipment used for the alternating current transmission of electrical energy. It is meant to enhance controllability and increase power transfer capability of the network. It is generally a power electronics-based system. FACTS is defined by the Institute of Electrical and Electronics Engineers as "a power electronic based system and other static equipment that provide control of one or more AC transmission system parameters to enhance controllability and increase power transfer capability". According to Siemens, "FACTS Increase the reliability of AC grids and reduce power delivery costs. They improve transmission quality and efficiency of power transmission by supplying inductive or reactive power to grid.
Technology
Shunt compensation
In shunt compensation, power system is connected in shunt with the FACTS. It works as a controllable current source. Shunt compensation is of two types: ;Shunt capacitive compensation: This method is used to improve the power factor. Whenever an inductive load is connected to the transmission line, power factor lags because of lagging load current. To compensate, a shunt capacitor is connected which draws the current leading the sourcevoltage. The net result is improvement in power factor. ;Shunt inductive compensation: This method is used either when charging the transmission line, or, when there is very low load at the receiving end. Due to very low, or no load – very low current flows through the transmission line. Shunt capacitance in the transmission line causes voltage amplification. The receiving end voltage may become double the sending end voltage. To compensate, shunt inductors are connected across the transmission line. The power transfer capability is thereby increased depending upon the power equation
Theory
In the case of a no-loss line, voltage magnitude at the receiving end is the same as voltage magnitude at the sending end: Vs = Vr=V. Transmission results in a phase lag that depends on line reactance X. As it is a no-loss line, active power P is the same at any point of the line: Reactive power at sending end is the opposite of reactive power at receiving end: As is very small, active power mainly depends on whereas reactive power mainly depends on voltage magnitude.
Series compensation
FACTS for series compensation modify line impedance: X is decreased so as to increase the transmittable active power. However, more reactive power must be provided.
Shunt compensation
Reactive current is injected into the line to maintain voltage magnitude. Transmittable active power is increased but more reactive power is to be provided.
* Thyristor-controlled reactor : reactor is connected in series with a bidirectional thyristor valve. The thyristor valve is phase-controlled. Equivalent reactance is varied continuously.
* Thyristor-switched reactor : Same as TCR but thyristor is either in zero- or full- conduction. Equivalent reactance is varied in stepwise manner.
* Thyristor-switched capacitor : capacitor is connected in series with a bidirectional thyristor valve. Thyristor is either in zero- or full- conduction. Equivalent reactance is varied in stepwise manner.
* Mechanically-switched capacitor : capacitor is switched by circuit-breaker. It aims at compensating steady state reactive power. It is switched only a few times a day.