The document provides information about Flexible AC Transmission Systems (FACTS) including:
1) FACTS devices use power electronics to control parameters like voltage, impedance, and phase angle to improve power flow in transmission systems.
2) The main objectives of FACTS are to increase power transfer capability and control designated power flow routes.
3) The first STATCOM was implemented in 1955 by TVA to strengthen transmission ties, while the first UPFC was implemented in 1998 by AEP to provide full control of voltage, impedance, and phase angle.