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SVCs/STATCOMs

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Global FACTS Market Outlook: From STATCOM to Series Compensation

Global FACTS Market Outlook: From STATCOM to Series Compensation

• FACTS devices tend to have wide range of applications in the grid including voltage stability, renewable integration support and dynamic power compensation (increases active power transmission capacity).• Modern FACTS devices include static var condensers, static...

Unveiling Africa’s FACTS Market: A Decade in Review

Unveiling Africa’s FACTS Market: A Decade in Review

In recent years, African countries have demonstrated a desire for grid expansion as well as a shift toward renewables, particularly wind and solar, to meet their primary energy needs. To boost the economy of the region, expansion in the mining and steel industries has...

CIGRE Conference Impressions – 2022

CIGRE Conference Impressions – 2022

The CIGRE Paris session, which ended just four weeks ago, was a mix of optimism and anxiety. The conference was attended by more than 9,000 attendees from 120 counties, out of which 35% were from the electrical utilities and 25% from the manufacturing sector. In past...

The FACTS Frontier in the Americas: 2016-2020

The FACTS Frontier in the Americas: 2016-2020

Due to evolving grids and stringent regulations regarding grid security, the Americas is considered one of the most important markets for any T&D infrastructure deployment. The region offers a great market opportunity for several Flexible AC Transmission Systems...

Stable Grids for Clean Energy – Growing FACTS Demand in the GCC

Stable Grids for Clean Energy – Growing FACTS Demand in the GCC

A significant outcome of COP26 included countries not only reaffirming their pledge towards reduction of emissions but provision of financial support as well to cap average rise in global temperature to 1.5 degrees. Nearly all the advanced and major economies across...

APAC’s FACTS Boom: A Look at the Market’s Growth and Key Players

APAC’s FACTS Boom: A Look at the Market’s Growth and Key Players

APAC presents a significant market opportunity for numerous Flexible AC Transmission Systems (FACTS) devices for key T&D OEMs. The region can further be segmented into the Chinese market and rest of the APAC market, due to varying regional market dynamics. In the past...

Impact of the Russia-Ukraine Crisis on Energy Markets

Impact of the Russia-Ukraine Crisis on Energy Markets

The global spotlight is on the Russia-Ukraine crisis, which has been responsible for wreaking havoc on international fossil fuel markets. Western powers responded to the crisis by proposing a number of sanctions on Russia, including ones on its fossil fuel exports....

China’s Drive for Economic Growth Fuels the FACTS Market

China’s Drive for Economic Growth Fuels the FACTS Market

China, in pursuit of its economic objectives, has been persistently increasing generation capacity. A significant proportion of demand for FACTS in China is driven by renewables. The STATCOMs market is expected to grow in tandem with the integration of renewables with...