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This paper introduces a hybrid flow controller (HFC) as a new member of flexible ac transmission system (FACTS) controllers for steady-state and power-flow control of power transmission lines. HFC is a hybrid compensator (i.e., provides series and/or shunt compensation). Structurally, an HFC unit is composed of a mechanically switched phase-shifting transformer, a mechanically switched shunt capacitor, and multimodule, series-connected, thyristor-switched capacitors and inductors. This paper describes the steady-state operation, single-phase equivalent circuit, power-flow model, and V-I and P-Q characteristics of the HFC. This paper highlights the steady-state technical features of the HFC for power-flow control of a study system and also provides a quantitative comparison of the HFC, UPFC, and PST.