This paper presents a study performed to investigate the steady-state operational strategies of UPFCs in the Jeollanam-Do system in Korea. The objective of the study was to determine the UPFC operating points under normal and contingency conditions. The study consists of developing load flow models to simulate different load levels with and without UPFCs in the system, assessing the effectiveness of UPFCs by contingency analysis, and introducing optimal corrective actions for removing voltage problems caused by contingencies. The paper describes analytical tools, models and approach. It also includes analysis and discussion of the study results. The paper contributes to the area of transmission operational studies with FACTS applications.