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Loop inductance is what really matters with decoupling. Once you understand that, it becomes really easy to make good decisions. This article explains how you can approximate the inductance for a given layout, so it makes evaluating layouts much simpler. It actually used the data from the paper you referenced in example 3!

https://learnemc.com/estimating-connection-inductance

You can even use mutual inductance of vias improve performance, either by having vias spaced close together and in the right order (https://learnemc.com/decoupling-for-boards-with-widely-space...), or arranging capacitors in alternating or doublet layouts (https://incompliancemag.com/decoupling-capacitor-design-on-p...).

As you say, just having power planes and directly connecting to them is almost always going to be superior to using a trace, despite seeing this all the time, especially in datasheet example layouts. It made sense for 2 layer boards, but not today. Just think, the inductance of the planes is practically zero, and distance to the plane from the components is going to be on the order of 0.2mm, round trip 0.4mm. Is there any way I could place the capacitor 0.4mm away from the pins to achieve an equivalent inductance? And even if you could, you can't add extra vias to lower inductance, and you don't benefit from mutual inductance.

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Explanations like that are a lot easier to understand if you can see the equivalent circuit with the parasitic components.
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Yeah

The ELI5 for decoupling capacitors is "imagine an energy storage for quick usage"

The ELI(tired EE student) is more like the explanation above

And this concept is ok for most of the 'low speed' circuits

in RF ranges, everything is a capacitor (except when you need one), everything is an inductor (except when you need one) and the intuitive explanations break down and everything looks like dark magic

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I love your reverse psychology analogy. That does make me wonder, if a cap past its SRF is an inductor, and and inductor past its SRF is a cap, why not swap caps for inductors and vice versa, put an amplifier on the end and call it a day!
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Well, till it does. Paper talks about frequencies in 200MHz range, not every project can afford solid power planes and putting it next to a chip costs literally nothing. It's like safety helmet, 99.9% of the time it's not needed
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Great paper!. Anyonw know whether there are any modern tools/software that can simulate this during design?
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For approximative simulation, any SPICE simulator works. You'll need to know your capacitors parasitics and power supply output impedance, find a typical via's impedance, and manually compute traces impedances and board capacitance.

For accurate simulation, the actual board geometry needs to be fed to a simulator that'll compute the actual impedances. Last I checked only Very Expensive Software could do that in a user-friendly way (I had to route a DDR3 bus. I ended up being very cautious so that all traces had the same topology and the same lengths, and cross my fingers. It worked).

If anyone knows of free alternatives for that, I'd be interested to hear about it.

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