The application relates to the technical field of networked converter control, and discloses a current-limiting control method for a networked converter, a networked SVG and a medium, which comprises the following steps: obtaining a current-related quantity of the networked converter; when the current-related quantity exceeds a preset threshold, generating a
virtual impedance based on the current-related quantity; combining the
virtual impedance with a cubic quantity of a measured current to form a virtual
voltage drop; and correcting a
voltage reference instruction of the networked converter by using the virtual
voltage drop to inhibit the output current of the networked converter. The cubic
virtual impedance feedback adopted by the application has a cubic surge in the
voltage drop change rate with the increase of the current. At a critical moment in the initial stage of
overcurrent, the nonlinear characteristic can amplify the
voltage drop compensation amount, so that the
voltage reference value is rapidly reduced, thereby greatly shortening the current-limiting
response time and limiting the maximum
peak value of the
transient current.