The invention discloses a fault current limiter configuration method. The fault current limiter configuration method includes the steps that short-circuit current scanning is conducted on a power gridto confirm circuit breakers whose short-circuit current exceeds the standard; the load loss after the circuit breakers refuse to break is converted into the economic loss of the circuit breakers refusing to break; a cost sensitive matrix is calculated according to the economic loss of the circuit breakers refusing to break and the layout cost of a fault current limiter; according to the cost sensitive matrix, the configuration position and the impedance size of the fault current limiter are calculated iteratively; and if the short-circuit current does not exceed the standard in the loss matrix with the fault current exceeding the standard, configuration of the fault current limiter is completed. According to the fault current limiter configuration method, scientificity and the economicalefficiency of configuration of the fault current limiter are improved, the calculated configuration scheme of the fault current limiter can meet the situation that after the abnormal rejecting actionof any fault current limiter, the short circuit current can still be suppressed below the circuit breaker break current, and practical application of the fault current limiter in a large power grid isfurther supported.