In Interconnected power system, it must maintain power, voltage, and frequency quality within specified limits. Because of low frequency oscillations are inherently present in power systems as a result of disturbances; extreme caution is required to maintain their stability. FACTS devices are used to improve power system stability using the proposed F_NIDC method. This work establishes an Optimized STATCOM via Efficacious Energy Storage Model in order to stabilize the power system. F_NIDC is a hybrid of a Fuzzy logic controller and a Novel Intelligent Damping Controller (NIDC) that is used to achieve a rapid improvement in transient stability and fault clearing time. Battery storage is used in conjunction with a super capacitor as an energy storage scheme (ESS). It is linked to a STATCOM in order to stabilize and mitigate system oscillations. STATCOM must be fine-tuned using the Consortium Time-Domain based Optimization Algorithm, which has a high ability to find the most relevant and optimistic outcomes. As a result, a novel F_NIDC design is proposed in this paper to implement such a system.