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How do mlp capacitor work? Mlp capacitor, also known as multilayer polymer capacitors, work by storing electrical energy in an insulating material between two conductive plates. The insulating material is a thin film made of multiple layers of polymers that have high dielectric constant and low ESR (Equivalent Series Resistance). When a voltage is applied to the capacitor, charges accumulate on the plates. As more charge accumulates, the electric field strength increases and so does the capacitance value of th... more