A transformer shortage is threatening to throw a wrench in US renewable projects. (pv magazine USA)
Wood Mackenzie reports a 30% supply deficit for power transformers and a 10% shortfall for distribution units this year.
Keep in mind: Power transformer demand has increased 119% and distribution transformer demand 41% since 2019. So? Utilities are turning to imports—some 80% of US power transformer supply and 50% of distribution transformer supply is expected to be important this year.