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  A static synchronous compensator (STATCOM), also known as a "static synchronous condenser" ("STATCON"), is a regulating device used on alternating current electricity transmission networks. It is based on a power electronics voltage-source converter and can act as either a source or sink of reactive AC power to an electricity network. If connected to a source of power it can also provide active AC power. It is a member of the FACTS family of devices.