This paper presents a novel topology for instantaneous reactive power compensation. The topology is derived from the Dynamic-Current or Dyna-C, which is a patented power converter capable of transferring energy for two or multiterminal dc, single- and/or multiphase ac systems. The proposed topology, named dynamic VAr compensator (DVC), has a current source power conversion stage and can provide instantaneous leading or lagging reactive power. The proposed DVC has three individual bridges coupled through a three-winding high-frequency transformer. It has a modular structure that allows it to be series stacked for medium-voltage applications. In addition, the high-frequency Galvanic isolation link provides interphase fault isolation among the three phases. The circuit eliminates the use of electrolytic capacitors for bulk energy storage, which usually lowers life and reliability. Operating principles, theoretical analysis, and design of the proposed topology are described. The converter functionality is validated through simulation as well as experimental results.
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