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| | The Business Scene |
 | | Reactive power is provided, on the one hand, by capacitors, which have low purchase costs, typically provide relatively coarse control of steady-state reactive power production, and have nearly zero operating costs. |
 | | While reactive compensation is used extensively by most utilities, this philosophy goes further by coordinating generators and nearby transmission system capacitors to ensure that generator power factor is close to unity under normal conditions, with voltage profiles maintained fairly flat across the system and despite varying load conditions. |
 | | Putting the reactive power philosophy of Nedwick, Mistr, and Croasdale of the mid-1990s together with the energy markets of the mid-2000s requires transmission and distribution providers to install sufficient capacitive compensation and to coordinate switching of capacitors to maintain unity power factor from generators and unity power factor loading from distribution feeders. |
| www.ieee.org /organizations/pes/public/2004/nov/pesbusiness.html (2020 words) |
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