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A model predictive control strategy for a high-power, grid connected 3-level neutral clamped point converter is presented. Power losses constraints set a limit on commutation losses so reduced switching frequency is required, thus producing low frequency current harmonics. To reduce these harmonics an LCL filter is used. The proposed control strategy allows control of the active and reactive power fed into the grid, reduce the switching frequency within acceptable operational margins and keep balance of the DC-link capacitor voltages while avoiding excitation of the filter resonance frequencies.