Large power transformer market – forecast 2022–2027
The large power transformer market is expected to register a CAGR of more than 5.2 % during the forecast period (2022-2027).
The large power transformer market is expected to register a CAGR of more than 5.2 % during the forecast period (2022-2027).
Chile, Antofagasta: With discontinuation of coal power plants in the country by 2040, renewable sources become a key step in reaching a sustainable energy grid.
Hungary, Budapest: IMEFV and Ganz Transformers, Motors and Generators Manufacturer Ltd. have entered into a partnership.
The Office of Electricity Delivery and Energy Reliability (OE) issued a Request for Information (RFI), asking for comments on the possible establishment of a reserve of large power transformers.
USA, New Hampshire: Four large step-up transformers are scheduled for delivery to Seabrook Station nuclear power plant.
France, Levallois-Perret: Alstom has been awarded a contract by grid operator Amprion GmbH to deliver six large power transformers.
http://www.forbes.com/sites/williampentland/2014/05/05/schnabel-cars-another-reason-large-power-transformers-are-the-weakest-link-in-the-bulk-power-grid/
USA: Transformer oil market is expected to grow from $ 1.59 billion in 2012 to $ 2.46 billion by 2017 according to the report Transformer Oil Market: By Types (Mineral Oil – Naphthenic and Paraffinic, Silicone and Bio-based), Applications (Small and Large Transformers, Utility) and Geography – Global Industry Trends and Forecast to 2017.
LPTs are custom-designed and cost millions of dollars to replace. Due to their weight between 100 and 400 tons apiece, they are extremely difficult to transport. According to a 2012 Energy Department report, the replacement of LPTs could take 20 months or more due to the complex procurement rules for the technology and the fluctuating price of copper and electrical steel in recent years.