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Basically, the machine is connected to a generator bus(PV). you have control over P and V.
In steady-state model, if you want to set the power factor at a bus, you can force the reactive power to +ve for lagging and -ve for leading according to the required power factor.
Another way is by changing the Scheduled voltage of the generator to get the desired power factor at the remote bus.
But in dynamics, you can operate a generator/plant in power factor control using the power plant controller(PPC) model.