Currently, the escalating integration of renewable energy sources is causing a steady weakening of grid strength. When grid strength is weak, interactions between inverters or those between inverters and grid line impedance can provoke widespread oscillations in the power system. Additionally, the diverse DC voltage application characteristics of power converter systems (PCS) may lead to over-modulation, generating narrow pulse issues that further impact control of the midpoint potential balance. Existing dead-time elimination methods are highly susceptible to current polarity judgments, rendering them ineffective in practical use. PCS, due to inherent dead-time effects, midpoint potential imbalances in three-level topologies, and narrow pulses, can elevate low-order harmonic content in the output voltage, ultimately distorting grid-connected currents. This is particularly susceptible to causing resonance in weak grids. To enhance the output voltage waveform of PCS, this article introduces a comprehensive compensation control strategy that combines dead-time elimination, midpoint potential balance, and narrow pulse suppression, all based on an active neutral point clamped (ANPC) three-level topology. This strategy gives precedence to dead-time elimination and calculates the upper and lower limits of the zero-sequence available for midpoint potential balance while fully compensating for narrow pulses. By prioritizing dead-time elimination, followed by narrow pulse suppression and finally midpoint potential balance, this method decouples the coupling between these three factors. The effectiveness of the proposed method is validated through semi-physical simulations.