Power Systems
Lightning arresters are used to protect electrical equipment against

 over currents due to lightning stroke.
  over voltages due to indirect lightning stroke.
 power frequency of over voltages.
 direct strokes of lightning.

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Power Systems
Advantages of shunt compensation is/are

 smooth voltage regulation is possible by controlling excitation
All of these
 It requires less maintanance
 single unit can be used as both capacitance and inductor by adjusting the excitation

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