Complex sentence: In addition, the speed of response of a STATCOM is faster than that of an SVC and the harmonic emission is lower, however STATCOMs typically exhibit higher losses and may be more expensive than SVCs, so the (older) SVC technology is still widespread.
Split into simpler sentences: In addition, the speed of response of a STATCOM is faster than that of an SVC and the harmonic emission is lower. On the other hand STATCOMs typically exhibit higher losses and may be more expensive than SVCs, so the (older) SVC technology is still widespread.