This paper presents the multilevel inverter (MLI) based Electric spring (ES) for smart grid applications. Due to the superior performance of Diode-clamped MLI (DCMLI) over other MLI topologies, in this paper ES is realized using 5-level DCMLI. Further the performance of two-level and five-level DCMLI based ES is investigated in terms of Total Harmonic Distortion (THD). It is ascertained that five- level DCMLI achieves voltage regulation with lesser THD in compensated voltage. Moreover, the use of DCMLI based ES as a distributed source is also elaborated. To extract the digitally simulated results and to validate system performance of MLI based ES, detailed simulation studies are carried out using MATLAB environment.
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