This paper describes two different systems which can compensate harmonic currents generated in a power system. As non-linear loads increase gradually in industry fields, harmonic current generated in the electric power network system also increases. Harmonic current makes a power network current distorted and generates heat, vibration and noise in the power machinery. Many approaches have been applied to compensate harmonic currents generated in the power system. Among various approaches, in this paper, two kinds are compared and evaluated. They are flywheel compensators bases on secondary excitation of WRIM(wounded rotor induction motor) and SCIM(squirrel cage induction motor). Both systems have a common structure. They use a flywheel as an energy storage device and use PWM inverters. The main differences are the size and rating of the converter used.