The invention discloses a magnetic valve type controllable electric reactor control system, which comprises an electric reactor and a controller, wherein the electric reactor comprises an outer insulation tube, the upper end of the outer insulating tube is provided with an upper end cover part, the lower end of the outer insulating tube is connected with a lower end cover part, the upper end cover part comprises an electric reactor high-voltage terminal and an upper end cover, the lower end cover part comprises an electric reactor low-voltage terminal, a pulse control wire terminal and a lower end cover, an electric reactor body is fixedly arranged on the inner surface of the lower end cover, the upper end of an electric reactor iron core is provided with an insulation support frame, a thyristor assembly and a pulse transformer are arranged on the insulation support frame, the pulse transformer is connected with the pulse control wire terminal, the controller comprises a controller body, and the controller body is connected with the pulse control wire terminal. The magnetic valve type controllable electric reactor control system has the beneficial effects that the manufacture process of the magnetic valve type controllable electric reactor control system is simple, the cost is low, the loss is small, the harmonic wave is small, and greater application potential is respectively realized in aspects of electric network transmission capacity improvement, electric network voltage regulation, reactive power compensation and overvoltage limitation.