Power Transformer Lead Times Hit Record Highs As US Grid Equipment Shortage Deepens

Power Transformer Lead Times Hit Record Highs As US Grid Equipment Shortage Deepens By West Garrett of Industrial Sage Summary: Power transformer lead times now average 128 weeks — nearly 2.5 years — with generator step-up transformers averaging 144 weeks Prices for power transformers have risen 77% since 2019, driven by surging demand and constrained raw material supply Cleveland-Cliffs is the only domestic producer of grain-oriented electrical steel, the specialized material transformers require Demand for generator step-up transformers has grown 274% since 2019, outpacing any increase in manufacturing capacity For industrial developers, equipment availability has replaced...