Substation with Capacity 25 MVA Extra High Voltage (EHV) Completed in Midland, Texas

US: Texas based energy management and consulting firm Priority Power management (PPM) has completed the development of a new high voltage substation for Endeavor Energy Resources. PPM has designed and constructed the substation with one transformer and one transformer bay. A second transformer will be installed at the transformer bay in future. The installation of extra high voltage (EHV) transformer would ensure increased amount of power transmission in the country.

TechSci Research depicts that with growing population and surge in demand for electricity would result in development of power infrastructure globally. Transformers are used for changing the voltage level in case of power generation and transmission utilities. Power transformers are used to step up and step down the voltage, whereas for distribution purpose, utilities transformers are used to step down the voltage to the desired voltage ratings for the customers. The development of extra high voltage power transmission systems will provide a thrust to the transformers market of extra high voltage category.

According to a recent released report of TechSci Research, “Global Power and Distribution Transformers Market Forecast & Opportunities, 2020”, the global power and distribution transformers market is projected to grow at a CAGR of over 6.2% and 5.1% by the end of 2020. Power transformers contribute to a major portion in overall market revenues due to their higher price points and it would account for 60% of total market for power and distribution transformers globally. The report also talks about five regions of the global geography and are classified as Asia-Pacific, North America, South America, Europe, and Middle East & Africa region.