Flexible AC Current Transmission System Market (FACTS Market) Is Anticipated to Grow at a High Single Digit CAGR from 2015 to 2025
Flexible AC Current Transmission System (FACTS) is a power electronic-based system, composed of static equipment used for the AC transmission of electrical energy. FACTS offers collective controllability and the power transfer ability of the network, as well as results in reduced power supply costs. Complexity in networks has increased the issues in power supply quality, flexibility and reliability.
View full press release