This document describes different techniques for creating static network equivalents to reduce the size of large power systems for power flow studies. It discusses REI (radial equivalent independent) equivalents and Ward equivalents. The Ward equivalent is widely used but does not allow for reactive power support in the equivalized area. The document proposes using a Ward equivalent with a buffer zone to improve accuracy by providing some reactive power support. It presents the algorithm for creating an REI equivalent and compares the performance of different equivalence methods.