The document provides a comprehensive overview of Flexible AC Transmission Systems (FACTS), focusing on their role in enhancing power transfer capabilities and stability in electrical networks through power electronic controllers. It discusses compensation techniques for reactive power and outlines various types of FACTS controllers, including both shunt and series connected devices, as well as their functionalities. Key FACTS devices such as STATCOM, SVC, and UPFC are explained, highlighting their impact on voltage regulation and efficiency in power systems.