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Difference between STATCOM and SVC?

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Difference between STATCOM and SVC?

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Difference between STATCOM and SVC:

STATCOM 
 SVC
Faster
 Slower than STATCOM
Cost is high
 Cost is low
Higher losses
 Less losses
Better characteristics
 Not good as STATCOM
Constant current characteristics
 Capacitive reactive current drops linearly
Interfaced with real power sources like battery, Fuel cell or SMES. Not Interfaced with real power sources like battery, Fuel cell or SMES.
Smaller in size
 Larger in size
Controllable voltage source
 Dynamically controlled reactance


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STATCOM vs SVC

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