A method and a device for identifying electric arcs are presented. Here, for each component (504) connected on a node (502) 1 , 504 2 , 504 3 , 504 4 , 504 5 ,...504 n ) In terms of read current value (I 1 ,I 2 ,I 3 ,I 4 ,I 5 ,…I n ); when using the current value (I 1 ,I 2 ,I 3 ,I 4 ,I 5 ,…I n ) to determine the node current (Idc) and the system current (Is); as a result of the node current (Idc) and the corresponding current value (I 1 ,I 2 ,I 3 ,I 4 ,I 5 ,…I n ) constitutes the quotient (MFc 1 ,MFc 2 ,MFc 3 ,MFc 4 ,MFc 5 ,...MFc n ) to determine each current value (I 1 ,I 2 ,I 3 ,I 4 ,I 5 ,…I n ) and the correlation factor of the node current (Idc); filter each quotient (MFc 1 ,MFc 2 ,MFc 3 ,MFc 4 ,MFc 5 ,...MFc n ) so that for each current value (I 1 ,I 2 ,I 3 ,I 4 ,I 5 ,…I n ) to determine the correction factor (c 1 ,c 2 ,c 3 ,c 4 ,c 5 ,... c n ); List the revised nodal current equation, where each current value (I 1 ,I 2 ,I 3 ,I 4 ,I 5 ,…I n ) and the correction factor (c 1 ,c 2 ,c 3 ,c 4 ,c 5 ,... c n ) to determine the corrected value (Idi) for the nodal analysis; and set the trigger threshold using the corrected nodal current equation (304).