SPX estimated the grid transformer business at $1 billion a year and added that replacements should go on for several years.
The RecX project focused on transportation and speedy installation of a modularized grid transformer rather than grid standardization.
plant in November 2011 and said it can produce up to 200 big grid transformers per year with ratings up to 550 MVA.
plants now have the apparent capacity to meet the foreseeable demand for big grid transformers.
Many of the experts also agreed that hundreds of big grid transformers need to be replaced.