Reactive Power Compensation Driving Grid Modernization

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2026-09-03 08:53:21 -

The modernization of power grids and the integration of renewable energy sources have made reactive power compensation a critical function for utilities worldwide. According to Market Research Future, the Variable Shunt Reactor Market was valued at $2.28 billion in 2024, with projections reaching $3.896 billion by 2035 at a CAGR of 4.99%. This growth reflects the essential role of...

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