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: Version 5 includes over 30 new models, such as MMC (Modular Multilevel Converter) libraries, phase-domain synchronous machines, and protection-based models.

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PSCAD is a powerful software tool used for simulating and analyzing power systems. Developed by Manitoba HVDC Research Centre, PSCAD is widely used by power system engineers, researchers, and students to design, test, and optimize power system networks. The software provides a comprehensive platform for modeling and simulating power system components, including transmission lines, transformers, generators, and control systems.