Comparison of Advanced Flexible Alternating Current Transmission System (FACTS) Devices with Conventional Technologies for Power System Stability Enhancement: An Updated Review

The continuously growing penetration of renewable energy sources (RESs) in electrical networks provides increasing challenges and critical situations to be managed by worldwide system operators. Due to their features and variability, non-programmable RES power plants, whose increasing penetration reduces the inertia level of the power system, may determine the instability effects on the grids, especially from the frequency and voltage regulation standpoints. The present study focuses on the support that advanced FACTS (Flexible Alternating Current Transmission System) devices, such as STATCOMs (Static Synchronous Compensators), can provide to the power system operation in terms of system inertia improvement, frequency stability, and voltage stability. In particular, a review of the scientific literature and practice is performed, with the aim of benchmarking the ongoing evolution of these technologies, also comparing them with different options based on synchronous condensers, synchronous condensers integrated with flywheels, and STATCOMs with supercapacitors. The outcome of the analysis consists of an updated evaluation of the state-of-the-art technological development in the field and of a comparison between different FACTSs with the purpose of identifying the most suitable solutions for different practical situations, also taking account of synergies across various options. This study includes an updated overview regarding the status of STATCOM installation in the Italian power grid.