Review of FACTS technologies and applications for power quality in smart grids with renewable energy systems

In the last two decades, emerging use of renewable and distributed energy sources in electricity grid has created new challenges for the utility regarding the power quality, voltage stabilization and efficient energy utilization. Power electronic converters are extensively utilized to interface the emerging energy systems (without and with energy storage) and smart buildings with the transmission and distribution systems. Flexible ac transmission systems (FACTSs) and voltage-source converters, with smart dynamic controllers, are emerging as a stabilization and power filtering equipment to improve the power quality. Also, distributed FACTSs play an important role in improving the power factor, energy utilization, enhancing the power quality, and ensuring efficient energy utilization and energy management in smart grids with renewable energy sources. This paper presents a literature survey of FACTS technology tools and applications for power quality and efficient renewable energy system utilization.