What is Capacitor Bank?Capacitor Bank Definition A capacitor bank is a collection of multiple capacitors used to store electrical energy and enhance the functionality of electrical power systems.Power Factor CorrectionPower factor correction involves adjusting the capacitor bank to optimize the use of electricity, thereby improving the efficiency and reducing costs.Capacitor Bank Classification Shunt Capacitor BanksAdvantages Simple, cheap, and easy to install and maintain. Provide more flexibil