IntroductionWhile grid-forming (GFM) converters can enhance fault-period transient voltage support, they may also increase short-circuit current stress and affect fault-current distribution, making benefit–risk coordination a key challenge in GFM converter siting.MethodsTo address this trade-off, this paper proposes a coordinated evaluation method for the siting of fixed-capacity GFM converters. Static indicators are first used to screen candidate buses, thereby reducing the computational burden of multi-fault electromagnetic transient (EMT) simulations, and the retained siting schemes are then evaluated in terms of transient voltage support benefit and short-circuit current risk cost. Fault scenario weighting, Pareto-front analysis, and the ideal-point distance method are further combined to identify the recommended siting scheme.ResultsThe IEEE 39-bus case study shows that maximizing transient voltage support benefit alone does not necessarily lead to the optimal siting decision. The recommended scheme achieves a better benefit–risk balance.DiscussionThe results demonstrate the effectiveness of the proposed framework for GFM converter siting under short-circuit current constraints.