This paper introduced modular multi-level converter (MMC), which could enhance the voltage and power level by sub-converter modules in series and was easy to extend to any level of output. Its structure and working mechanism were described. By analyzing the energy transfer performance of STATCOM based on MMC working conditions in the compensation, a comprehensive compensation control strategy was proposed based on direct current control mode. By analyzing the higher harmonic components circulation generated by the inconsistencies in the three-p...