The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins sits down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research.
Gridlock: US Struggles to Make Enough Transformers
Gridlock
US Struggles to Make Enough Transformers
Large power transformers, or LPTs for short, are integral for the functioning of the energy grid. But with BloombergNEF forecasting that the US will need to nearly double its units by 2030, will the country manage to meet the demand, or could it be facing further bottlenecks? On today’s show, Dana sits down with Eva Gonzalez Isla from BNEF’s modeling team. Together, they discuss what large power transformers are and what they do, US government policy and whether it has been aiding or hampering production, and the countries that are making up for a shortfall in the US’s transformer production capacity. Today’s episode draws from the BNEF research note US Risks Power Transformer Supply Gap Becoming a Chasm.
Nov 15, 2023