power systems loss

In AC analysis especially during our college days, we always encounter the term "Power Triangle". During those days, specifically during class, the textbooks tends to effectively  define the power triangle in a very confusing manner. Thus, instead of clearly understanding the true meaning of the term, we tends to cling more to the verbatim definition given to us. So, to refresh our memories, allow us to define this in the simpliest possible way. Power Triangle, as the name implies, consists of three components namely; True Power, Reactive Power and the Apparent Power. I think most of us are familiar with the reactive loads such as capacitive and inductive types of loads. This loads do not dissipate power but nevertheless, they still draw current and drops down voltage. Since they consume voltage and power, that is why we have the perception that they do consume power. The REACTIVE POWER is sometimes defined as the "phantom" power which has a unit of VAR or Volt-a