This book presents a genetic algorithm based method for placement of FACTS devices in power system network. The locations and setting parameters of controllers are determined based on two considerations which are increment of distance to collapse point of system and minimizing real power loss of system. Genetic algorithm is used to seek the optimum location and setting of FACTS controllers. The Static Var Compensator (SVC), Thyristor Controlled Series Compensator (TCSC), Static Synchronous Compensator (STATCOM), Static Synchronous Series Compensator (SSSC) and Unified Power Flow Controller...