Static Var Compensator : A device that supplies or consumes reactive power comprised solely of static equipment. It is shunt-connected on transmission lines to provide reactive power compensation
Young & Company Electric Power Products and Related Engineering Services, Glossary of Electrical Terms, http://www.youngco.com/young2.asp?ID=4&Type=3, CA., USA 2001. (Electr Sfty - Amer) {514}