I. Introduction
Modular multilevel converter (MMC) is based on the series connection of submodules (SMs) that consists of semiconductor devices and dc capacitors. MMC was originally proposed for high-voltage direct-current (HVDC) transmission [1] and it has become an industry standard due to several advantages such as modularity, scalability, higher-efficiency, lower harmonics, and fault-tolerant capability [2]. Apart from HVDC transmission, it has become popular in many other industrial applications such as medium-voltage (MV) high-power induction motor drives, wind power integration, flexible alternating-current transmission systems, etc.