A flexible alternating current transmission system (FACTS) is a system composed of static equipment used for the AC 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.
Over the next five years, projects that Flexible AC Transmission System (FACTS) will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, ... Read more