Reactive Power Management refers to the process of controlling the flow of reactive power in an electrical system. Reactive power is essential for maintaining voltage levels and ensuring the stability of the power grid. It helps in the efficient operation of electrical equipment, particularly in systems with inductive loads like motors and transformers. Effective management of reactive power can reduce energy losses and improve the overall efficiency of the power system. Techniques such as using capacitors and synchronous condensers are commonly employed to balance reactive power. This balance is crucial for preventing voltage fluctuations and ensuring reliable electricity supply to consumers.