{
  "name": "Transformer lead times",
  "url": "https://transformerleadtimes.com/",
  "license": "CC BY 4.0",
  "cite": "Transformer Lead Times, https://transformerleadtimes.com/",
  "updated": "2026-11-09",
  "fields": [
    {
      "key": "transformer_type",
      "label": "Transformer type",
      "type": "string",
      "description": "The transformer type as the source names it.",
      "filterable": true,
      "sortable": true
    },
    {
      "key": "size_class",
      "label": "Size / class",
      "type": "string",
      "description": "Size or class as the source states it, for example Large power / GSU or Pad-mounted 3-phase.",
      "sortable": true
    },
    {
      "key": "region",
      "label": "Region",
      "type": "string",
      "description": "Market the figure describes: US, EU, US/EU or global.",
      "filterable": true,
      "sortable": true
    },
    {
      "key": "as_of",
      "label": "As of",
      "type": "string",
      "description": "The period the number describes (YYYY, YYYY-MM or YYYY-Qn), not the publication date.",
      "sortable": true
    },
    {
      "key": "lead_time_weeks_min",
      "label": "Lead time, low",
      "type": "number",
      "unit": "weeks",
      "description": "Lower bound in weeks, only when the source states weeks. Equals the high value when the source gives one average.",
      "sortable": true
    },
    {
      "key": "lead_time_weeks_max",
      "label": "Lead time, high",
      "type": "number",
      "unit": "weeks",
      "description": "Upper bound in weeks. Empty when the source gives an open-ended figure such as 'more than 160 weeks'.",
      "sortable": true
    },
    {
      "key": "lead_time_note",
      "label": "Lead time as stated",
      "type": "string",
      "description": "The source's own wording. Month and year figures are shown as stated (months or years)."
    },
    {
      "key": "price_change_pct",
      "label": "Price change",
      "type": "number",
      "unit": "%",
      "description": "Price change in percent; the lower bound when the source gives a range.",
      "sortable": true
    },
    {
      "key": "price_change_pct_max",
      "label": "Price change, high",
      "type": "number",
      "unit": "%",
      "description": "Upper bound when the source gives a price range."
    },
    {
      "key": "price_baseline",
      "label": "Price baseline",
      "type": "string",
      "description": "What the price change is measured against."
    },
    {
      "key": "publisher",
      "label": "Publisher",
      "type": "string",
      "description": "Who published the number, and through whom when cited second-hand.",
      "filterable": true,
      "sortable": true
    },
    {
      "key": "original_source",
      "label": "Original source",
      "type": "string",
      "description": "The underlying report when the number is cited second-hand."
    },
    {
      "key": "source_type",
      "label": "Source type",
      "type": "enum",
      "description": "Where the source sits in our hierarchy: primary survey or index, government, association, manufacturer, utility, analyst or secondary press.",
      "filterable": true,
      "sortable": true,
      "enumValues": [
        "primary",
        "secondary",
        "manufacturer",
        "utility",
        "industry-association",
        "government",
        "government-lab",
        "government-advisory",
        "analyst"
      ]
    },
    {
      "key": "quote",
      "label": "Verbatim quote",
      "type": "string",
      "description": "The source sentence or chart value, copied exactly."
    }
  ],
  "records": [
    {
      "id": "woodmac-2021-all",
      "name": "All transformers, 2021: Wood Mackenzie via NIAC",
      "url": "https://www.utilitydive.com/news/us-strategic-virtual-reserve-electric-transformers-niac/726934/",
      "summary": "Transformer procurement lead times were around 50 weeks in 2021, per Wood Mackenzie data cited by NIAC.",
      "tags": [
        "lpt",
        "substation"
      ],
      "fields": {
        "transformer_type": "Transformers (all, procurement)",
        "size_class": "All sizes",
        "region": "US",
        "as_of": "2021",
        "lead_time_weeks_min": 50,
        "lead_time_weeks_max": 50,
        "lead_time_note": "Around 50 weeks",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie data cited in NIAC report (via Utility Dive)",
        "original_source": "NIAC, Addressing the Critical Shortage of Power Transformers (2024)",
        "source_type": "secondary",
        "quote": "The report, citing Wood Mackenzie data, says transformer procurement lead times have risen from around 50 weeks in 2021 to 120 weeks on average this year — though for the largest transformers, procurement times can reach 210 weeks."
      },
      "sources": [
        {
          "url": "https://www.utilitydive.com/news/us-strategic-virtual-reserve-electric-transformers-niac/726934/",
          "title": "US should create 'virtual' electric transformer reserve amid shortage concerns: NIAC (Utility Dive, 13 Sep 2024)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "niac-2024-all",
      "name": "All transformers, 2024: Wood Mackenzie via NIAC",
      "url": "https://www.utilitydive.com/news/us-strategic-virtual-reserve-electric-transformers-niac/726934/",
      "summary": "NIAC, citing Wood Mackenzie, put average transformer procurement lead times at 120 weeks in 2024, reaching 210 weeks for the largest units.",
      "tags": [
        "lpt",
        "gsu",
        "substation"
      ],
      "fields": {
        "transformer_type": "Transformers (all, procurement)",
        "size_class": "All sizes; largest up to 210 weeks",
        "region": "US",
        "as_of": "2024",
        "lead_time_weeks_min": 120,
        "lead_time_weeks_max": 210,
        "lead_time_note": "120 weeks average; largest units up to 210 weeks",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "NIAC (via Utility Dive)",
        "original_source": "NIAC, Addressing the Critical Shortage of Power Transformers (final report, Sept 2024)",
        "source_type": "government-advisory",
        "quote": "The report, citing Wood Mackenzie data, says transformer procurement lead times have risen from around 50 weeks in 2021 to 120 weeks on average this year — though for the largest transformers, procurement times can reach 210 weeks."
      },
      "sources": [
        {
          "url": "https://www.utilitydive.com/news/us-strategic-virtual-reserve-electric-transformers-niac/726934/",
          "title": "US should create 'virtual' electric transformer reserve amid shortage concerns: NIAC (Utility Dive, 13 Sep 2024)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-apr-2024-avg",
      "name": "All transformers, April 2024: Wood Mackenzie",
      "url": "https://www.powermag.com/the-transformer-crisis-an-industry-on-the-brink/",
      "summary": "Wood Mackenzie said average transformer lead times stood at 115 to 130 weeks in April 2024.",
      "tags": [
        "lpt",
        "substation"
      ],
      "fields": {
        "transformer_type": "Transformers (average)",
        "size_class": "All sizes",
        "region": "US",
        "as_of": "2024-04",
        "lead_time_weeks_min": 115,
        "lead_time_weeks_max": 130,
        "lead_time_note": "Average of 115 to 130 weeks",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie (via POWER)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "In April, global research and consultancy firm Wood Mackenzie warned that transformer lead times have continued an upward trajectory and now stand at 115 to 130 weeks—more than two years—on average."
      },
      "sources": [
        {
          "url": "https://www.powermag.com/the-transformer-crisis-an-industry-on-the-brink/",
          "title": "The Transformer Crisis: An Industry on the Brink (POWER, 26 Jun 2024)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-price-distribution-since-2019",
      "name": "Distribution (some classes) unit prices since 2019: Wood Mackenzie via POWER",
      "url": "https://powermag.com/transformers-in-2026-shortage-scramble-or-self-inflicted-crisis/",
      "summary": "Wood Mackenzie data show some classes of distribution transformer prices up as much as 95% since 2019.",
      "tags": [
        "distribution-pad-mounted",
        "distribution-pole",
        "price-index"
      ],
      "fields": {
        "transformer_type": "Distribution transformer",
        "size_class": "Distribution (some classes)",
        "region": "US",
        "as_of": "2025",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": null,
        "price_change_pct_max": 95,
        "price_baseline": "vs 2019",
        "publisher": "Wood Mackenzie (via POWER)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "Since 2019, unit prices have increased 77% for power transformers and 45% for GSUs, with some classes of distribution transformers rising as much as 95%."
      },
      "sources": [
        {
          "url": "https://powermag.com/transformers-in-2026-shortage-scramble-or-self-inflicted-crisis/",
          "title": "Transformers in 2026: Shortage, Scramble, or Self-Inflicted Crisis? (POWER, 2 Jan 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "crs-bls-price-2020-2024",
      "name": "Distribution and large power transformer prices, 2020 to 2024: CRS",
      "url": "https://www.everycrsreport.com/files/2026-04-23_R48933_e69524fc8f52951a242ed35c91713fade25fe8ac.html",
      "summary": "CRS, using BLS data, said distribution and large power transformer prices rose roughly 40% from 2020 to 2024 after inflation.",
      "tags": [
        "price-index",
        "lpt",
        "distribution-pad-mounted",
        "distribution-pole"
      ],
      "fields": {
        "transformer_type": "Distribution and large power transformers",
        "size_class": "All",
        "region": "US",
        "as_of": "2024",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 40,
        "price_change_pct_max": null,
        "price_baseline": "vs 2020, inflation-adjusted",
        "publisher": "Congressional Research Service (BLS data)",
        "original_source": null,
        "source_type": "government",
        "quote": "The price of transformers has increased sharply since 2020, with data from the Bureau of Labor Statistics reporting the prices of both distribution transformers and large power transformers to have risen roughly 40% from 2020 to 2024 (inflation-adjusted)."
      },
      "sources": [
        {
          "url": "https://www.everycrsreport.com/files/2026-04-23_R48933_e69524fc8f52951a242ed35c91713fade25fe8ac.html",
          "title": "CRS R48933: Electricity Distribution Transformers: Supply, Tariffs, and Policy Options (23 Apr 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "ermco-distribution-2018",
      "name": "Distribution transformers, 2018: ERMCO",
      "url": "https://latitudemedia.com/news/catalyst-understanding-the-electric-transformer-shortage",
      "summary": "ERMCO's CEO said distribution transformers arrived 12 to 14 weeks after an order in 2018.",
      "tags": [
        "distribution-pad-mounted",
        "distribution-pole"
      ],
      "fields": {
        "transformer_type": "Distribution transformer",
        "size_class": "Distribution (single- and three-phase)",
        "region": "US",
        "as_of": "2018",
        "lead_time_weeks_min": 12,
        "lead_time_weeks_max": 14,
        "lead_time_note": "12 to 14 weeks from purchase order to delivery",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Latitude Media (Catalyst podcast, ERMCO CEO Tim Mills)",
        "original_source": null,
        "source_type": "manufacturer",
        "quote": "They’d pick up the phone or they’d shoot over a PO, and in anywhere from 12 to 14 weeks, that transformer was showing up in their doorstep."
      },
      "sources": [
        {
          "url": "https://latitudemedia.com/news/catalyst-understanding-the-electric-transformer-shortage",
          "title": "Understanding the electric transformer shortage (Latitude Media, 26 Feb 2024)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "appa-distribution-2022",
      "name": "Distribution transformers, 2022: APPA survey",
      "url": "https://www.publicpower.org/periodical/article/appa-survey-members-shows-distribution-transformer-production-not-meeting-demand",
      "summary": "Public power utilities reported distribution transformer lead times of about 12 months in 2022, up 429%, with some quotes above three years.",
      "tags": [
        "distribution-pad-mounted",
        "distribution-pole"
      ],
      "fields": {
        "transformer_type": "Distribution transformer",
        "size_class": "All voltage classes",
        "region": "US",
        "as_of": "2022",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "About 12 months average; some quotes over three years; +429% vs pre-2021",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "American Public Power Association",
        "original_source": null,
        "source_type": "industry-association",
        "quote": "Some utilities reported being quoted lead times of more than three years."
      },
      "sources": [
        {
          "url": "https://www.publicpower.org/periodical/article/appa-survey-members-shows-distribution-transformer-production-not-meeting-demand",
          "title": "APPA Survey of Members Shows Distribution Transformer Production Not Meeting Demand",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "appa-distribution-2023",
      "name": "Distribution transformers, 2023: APPA issue brief",
      "url": "https://www.publicpower.org/system/files/documents/23%202023%20Issue%20Briefs_Supply%20Chain_FINAL.pdf",
      "summary": "APPA said distribution transformer lead times had grown from three months in 2018 to 12 months or more.",
      "tags": [
        "distribution-pad-mounted",
        "distribution-pole"
      ],
      "fields": {
        "transformer_type": "Distribution transformer",
        "size_class": "All voltage classes",
        "region": "US",
        "as_of": "2023",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "12 months or more (vs three months in 2018)",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "American Public Power Association",
        "original_source": null,
        "source_type": "industry-association",
        "quote": "Lead times to purchase new distribution transformers have grown 429 percent, from three months in 2018 to an excess of 12 months or more today."
      },
      "sources": [
        {
          "url": "https://www.publicpower.org/system/files/documents/23%202023%20Issue%20Briefs_Supply%20Chain_FINAL.pdf",
          "title": "APPA 2023 Issue Brief: Supply Chain",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "appa-distribution-2024",
      "name": "Distribution transformers, 2024: APPA issue brief",
      "url": "https://www.publicpower.org/system/files/documents/70%202024%20PMC%20Issue%20Briefs_Supply%20Chain_FINAL.pdf",
      "summary": "APPA said distribution transformer lead times had grown from three months in 2018 to over two years.",
      "tags": [
        "distribution-pad-mounted",
        "distribution-pole"
      ],
      "fields": {
        "transformer_type": "Distribution transformer",
        "size_class": "All voltage classes",
        "region": "US",
        "as_of": "2024",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "Over two years (vs three months in 2018)",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "American Public Power Association",
        "original_source": null,
        "source_type": "industry-association",
        "quote": "Lead times to purchase new distribution transformers have grown from three months in 2018 to over two years or more today."
      },
      "sources": [
        {
          "url": "https://www.publicpower.org/system/files/documents/70%202024%20PMC%20Issue%20Briefs_Supply%20Chain_FINAL.pdf",
          "title": "APPA 2024 Issue Brief: Supply Chain",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "nrel-distribution-2024",
      "name": "Distribution transformers, early 2024: NREL",
      "url": "https://pv-magazine-usa.com/2024/03/07/a-look-at-the-great-transformer-shortage-affecting-u-s-utilities/",
      "summary": "NREL found utilities facing distribution transformer lead times of up to two years, four times pre-2022 levels, with prices up four to nine times in three years.",
      "tags": [
        "distribution-pad-mounted",
        "distribution-pole",
        "price-index"
      ],
      "fields": {
        "transformer_type": "Distribution transformer",
        "size_class": "Distribution",
        "region": "US",
        "as_of": "2024-02",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "Up to two years (4x pre-2022)",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": "Prices up 4x to 9x over the prior 3 years (multiplier, not percent)",
        "publisher": "NREL (via pv magazine USA)",
        "original_source": "NREL, Major Drivers of Long-Term Distribution Transformer Demand (2024)",
        "source_type": "government-lab",
        "quote": "The study found that utilities are experiencing extended lead times for transformers of up to two years (a fourfold increase on pre-2022 lead times) and reporting price increases by as much as four to nine times in the past 3 years."
      },
      "sources": [
        {
          "url": "https://pv-magazine-usa.com/2024/03/07/a-look-at-the-great-transformer-shortage-affecting-u-s-utilities/",
          "title": "A look at the great transformer shortage affecting U.S. utilities (pv magazine USA, 7 Mar 2024)",
          "accessed": "2026-11-09"
        },
        {
          "url": "https://research-hub.nrel.gov/en/publications/major-drivers-of-long-term-distribution-transformer-demand/",
          "title": "NREL: Major Drivers of Long-Term Distribution Transformer Demand (2024)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "appa-distribution-2020",
      "name": "Distribution transformers, pre-2021: APPA survey",
      "url": "https://www.publicpower.org/periodical/article/appa-survey-members-shows-distribution-transformer-production-not-meeting-demand",
      "summary": "Public power utilities said distribution transformers took about two to three months to procure before 2021.",
      "tags": [
        "distribution-pad-mounted",
        "distribution-pole"
      ],
      "fields": {
        "transformer_type": "Distribution transformer",
        "size_class": "All voltage classes",
        "region": "US",
        "as_of": "2020",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "About two to three months pre-2021",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "American Public Power Association",
        "original_source": null,
        "source_type": "industry-association",
        "quote": "Meanwhile, between 2020 and 2022, average lead times to procure distribution transformers for all voltage classes rose 429% for public power respondents -- from about two to three months pre-2021 to about 12 months in 2022."
      },
      "sources": [
        {
          "url": "https://www.publicpower.org/periodical/article/appa-survey-members-shows-distribution-transformer-production-not-meeting-demand",
          "title": "APPA Survey of Members Shows Distribution Transformer Production Not Meeting Demand",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "doe-ehv-2024",
      "name": "Extra-high-voltage transformers, 2024: DOE via NLR",
      "url": "https://docs.nlr.gov/docs/fy26osti/96742.pdf",
      "summary": "DOE put extra-high-voltage transformer lead times at up to 60 months, as cited in the May 2026 NLR report.",
      "tags": [
        "lpt"
      ],
      "fields": {
        "transformer_type": "Extra-high-voltage large power transformer",
        "size_class": "Extra-high-voltage (EHV)",
        "region": "US",
        "as_of": "2024",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "Up to 60 months",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "US DOE (2024), cited by the National Laboratory of the Rockies (May 2026)",
        "original_source": "U.S. Department of Energy 2024",
        "source_type": "government",
        "quote": "For the extra-high-voltage transformer units, lead time can extend up to 60 months (U.S. Department of Energy 2024) due to complex engineering requirements, which creates significant risks for project scheduling and grid reliability."
      },
      "sources": [
        {
          "url": "https://docs.nlr.gov/docs/fy26osti/96742.pdf",
          "title": "Large Power Transformer Supply Chain Gap Analysis and Domestic Content Strategies for Hydropower Rehabilitation: Supplemental Report (NLR/TP-5700-96742, May 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-gsu-2024",
      "name": "GSU transformers, 2024 average: Wood Mackenzie via Reuters",
      "url": "https://www.kitco.com/news/off-the-wire/2026-07-09/us-power-companies-scramble-secure-equipment-surging-data-center",
      "summary": "Generator step-up transformer lead times averaged 143 weeks in 2024.",
      "tags": [
        "gsu"
      ],
      "fields": {
        "transformer_type": "Generator step-up (GSU)",
        "size_class": "GSU",
        "region": "US",
        "as_of": "2024",
        "lead_time_weeks_min": 143,
        "lead_time_weeks_max": 143,
        "lead_time_note": "Average of 143 weeks",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie (Ben Boucher, via Reuters)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "Generator step-up transformer lead times surpassed 160 weeks by the first quarter of 2026, compared with an average of 143 weeks in 2024, while for high-voltage circuit breakers, they climbed to 125 weeks in the second half of last year, versus 77 weeks in 2023, according to Boucher."
      },
      "sources": [
        {
          "url": "https://www.kitco.com/news/off-the-wire/2026-07-09/us-power-companies-scramble-secure-equipment-surging-data-center",
          "title": "Reuters via Kitco: US power companies scramble to secure equipment as surging data center demand strains supplies (9 Jul 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-gsu-2025q1",
      "name": "GSU transformers, Q1 2025: Wood Mackenzie",
      "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
      "summary": "Wood Mackenzie's lead time benchmark put average generator step-up (GSU) lead times at 147.7 weeks in 2025 Q1.",
      "tags": [
        "gsu"
      ],
      "fields": {
        "transformer_type": "Generator step-up (GSU)",
        "size_class": "GSU",
        "region": "US",
        "as_of": "2025-Q1",
        "lead_time_weeks_min": 147.7,
        "lead_time_weeks_max": 147.7,
        "lead_time_note": "Average 147.7 weeks after receipt of order (chart value). Source: Wood Mackenzie Supply Chain’s Lead Time Benchmarking (chart 'Quarterly lead time change 2025 Q1 – 2025 Q2', weeks ARO).",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie",
        "original_source": null,
        "source_type": "primary",
        "quote": "Chart value 147.7 weeks (2025-Q1); see page 5 of the executive summary."
      },
      "sources": [
        {
          "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
          "title": "Wood Mackenzie: Making the connection: meeting the electric T&D supply chain challenge, Executive Summary, September 2025 (with American Clean Power)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-gsu-2026q1",
      "name": "GSU transformers, Q1 2026: Wood Mackenzie via Reuters",
      "url": "https://www.kitco.com/news/off-the-wire/2026-07-09/us-power-companies-scramble-secure-equipment-surging-data-center",
      "summary": "Generator step-up transformer lead times passed 160 weeks by Q1 2026, up from a 143-week average in 2024.",
      "tags": [
        "gsu"
      ],
      "fields": {
        "transformer_type": "Generator step-up (GSU)",
        "size_class": "GSU",
        "region": "US",
        "as_of": "2026-Q1",
        "lead_time_weeks_min": 160,
        "lead_time_weeks_max": null,
        "lead_time_note": "More than 160 weeks",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie (Ben Boucher, via Reuters)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "Generator step-up transformer lead times surpassed 160 weeks by the first quarter of 2026, compared with an average of 143 weeks in 2024, while for high-voltage circuit breakers, they climbed to 125 weeks in the second half of last year, versus 77 weeks in 2023, according to Boucher."
      },
      "sources": [
        {
          "url": "https://www.kitco.com/news/off-the-wire/2026-07-09/us-power-companies-scramble-secure-equipment-surging-data-center",
          "title": "Reuters via Kitco: US power companies scramble to secure equipment as surging data center demand strains supplies (9 Jul 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-gsu-2025q2",
      "name": "GSU transformers, Q2 2025: Wood Mackenzie",
      "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
      "summary": "Wood Mackenzie's lead time benchmark put average generator step-up (GSU) lead times at 143.4 weeks in 2025 Q2.",
      "tags": [
        "gsu"
      ],
      "fields": {
        "transformer_type": "Generator step-up (GSU)",
        "size_class": "GSU",
        "region": "US",
        "as_of": "2025-Q2",
        "lead_time_weeks_min": 143.4,
        "lead_time_weeks_max": 143.4,
        "lead_time_note": "Average 143.4 weeks after receipt of order (chart value). Source: Wood Mackenzie Supply Chain’s Lead Time Benchmarking (chart 'Quarterly lead time change 2025 Q1 – 2025 Q2', weeks ARO).",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie",
        "original_source": null,
        "source_type": "primary",
        "quote": "• Generation step up transformers (GSUs) recorded a slight decline quarter over quarter in Q2 easing to 143 weeks on average, although the new tariffs are likely to exacerbate lead times as supply chains will take time to adapt."
      },
      "sources": [
        {
          "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
          "title": "Wood Mackenzie: Making the connection: meeting the electric T&D supply chain challenge, Executive Summary, September 2025 (with American Clean Power)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-price-gsu-since-2019",
      "name": "GSU unit prices since 2019: Wood Mackenzie via POWER",
      "url": "https://powermag.com/transformers-in-2026-shortage-scramble-or-self-inflicted-crisis/",
      "summary": "Wood Mackenzie data show gsu unit prices up 45% since 2019.",
      "tags": [
        "price-index",
        "gsu"
      ],
      "fields": {
        "transformer_type": "Generator step-up (GSU)",
        "size_class": "GSU",
        "region": "US",
        "as_of": "2025",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 45,
        "price_change_pct_max": null,
        "price_baseline": "vs 2019",
        "publisher": "Wood Mackenzie (via POWER)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "Since 2019, unit prices have increased 77% for power transformers and 45% for GSUs, with some classes of distribution transformers rising as much as 95%."
      },
      "sources": [
        {
          "url": "https://powermag.com/transformers-in-2026-shortage-scramble-or-self-inflicted-crisis/",
          "title": "Transformers in 2026: Shortage, Scramble, or Self-Inflicted Crisis? (POWER, 2 Jan 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "pwc-high-capacity-2026",
      "name": "High-capacity transformers, May 2026: PwC via pv magazine",
      "url": "https://www.pv-magazine.com/2026/05/12/u-s-transformer-market-faces-severe-supply-constraints/",
      "summary": "PwC analysts said lead times for high-capacity transformer units had reached as long as four years; pv magazine cites industry experts for prices up roughly 80% over five years.",
      "tags": [
        "lpt",
        "price-index"
      ],
      "fields": {
        "transformer_type": "High-capacity power transformer",
        "size_class": "High capacity",
        "region": "US",
        "as_of": "2026-05",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "As long as four years",
        "price_change_pct": 80,
        "price_change_pct_max": null,
        "price_baseline": "vs ~2021 (“over the last five years”); pv magazine attributes this to industry experts, not PwC",
        "publisher": "PwC analysts (via pv magazine, citing Reuters Events)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "A combination of surging demand and raw material shortages has pushed lead times for high capacity units to as long as four years, according to analysts from PwC."
      },
      "sources": [
        {
          "url": "https://www.pv-magazine.com/2026/05/12/u-s-transformer-market-faces-severe-supply-constraints/",
          "title": "U.S. transformer market faces severe supply constraints (pv magazine, 12 May 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-prepandemic-baseline",
      "name": "Large power and GSU transformers, pre-pandemic baseline: Wood Mackenzie",
      "url": "https://www.powermag.com/the-transformer-crisis-an-industry-on-the-brink/",
      "summary": "Wood Mackenzie puts pre-pandemic transformer lead times at 30 to 60 weeks, depending on size and specification.",
      "tags": [
        "lpt",
        "gsu",
        "substation"
      ],
      "fields": {
        "transformer_type": "Power transformer (substation and GSU)",
        "size_class": "Large power / GSU",
        "region": "US",
        "as_of": "2019",
        "lead_time_weeks_min": 30,
        "lead_time_weeks_max": 60,
        "lead_time_note": "Pre-pandemic range, depending on specifications and size",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie (via POWER)",
        "original_source": "Wood Mackenzie, April 2024",
        "source_type": "secondary",
        "quote": "“For reference, pre-pandemic lead times ranged from 30–60 weeks, depending on specifications/size and if the transformer had been regularly ordered over time with a proven design (therefore allowing the manufacturing process to be streamlined),” the firm noted."
      },
      "sources": [
        {
          "url": "https://www.powermag.com/the-transformer-crisis-an-industry-on-the-brink/",
          "title": "The Transformer Crisis: An Industry on the Brink (POWER, 26 Jun 2024)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-q4-2023-lpt-gsu",
      "name": "Large power and GSU transformers, Q4 2023: Wood Mackenzie",
      "url": "https://www.powermag.com/the-transformer-crisis-an-industry-on-the-brink/",
      "summary": "Large power transformer and GSU lead times averaged 120 to 130 weeks in Q4 2023.",
      "tags": [
        "lpt",
        "gsu"
      ],
      "fields": {
        "transformer_type": "Large power transformer and GSU",
        "size_class": "Large power / GSU",
        "region": "US",
        "as_of": "2023-Q4",
        "lead_time_weeks_min": 120,
        "lead_time_weeks_max": 130,
        "lead_time_note": "Average of 120 to 130 weeks",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie (via POWER)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "As large developers and utilities increase transformer orders, lead times for large power transformers and generator step-up units have surged to 120–130 weeks on average as of the fourth quarter of 2023, with no signs of relief."
      },
      "sources": [
        {
          "url": "https://www.powermag.com/the-transformer-crisis-an-industry-on-the-brink/",
          "title": "The Transformer Crisis: An Industry on the Brink (POWER, 26 Jun 2024)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "nlr-woodmac-lpt-price-2025",
      "name": "Large power transformer prices, 2025 vs 2019: Wood Mackenzie via NLR",
      "url": "https://docs.nlr.gov/docs/fy26osti/96742.pdf",
      "summary": "Wood Mackenzie data cited by NLR put 2025 large power transformer prices 50% to 70% above their 2019 baseline.",
      "tags": [
        "lpt",
        "price-index"
      ],
      "fields": {
        "transformer_type": "Large power transformer",
        "size_class": "LPT",
        "region": "US",
        "as_of": "2025",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 50,
        "price_change_pct_max": 70,
        "price_baseline": "vs 2019",
        "publisher": "Wood Mackenzie (2025), cited by the National Laboratory of the Rockies (May 2026)",
        "original_source": "Wood Mackenzie 2025",
        "source_type": "secondary",
        "quote": "Costs have also risen sharply, with LPT prices in 2025 roughly 50% to 70% higher than their 2019 baseline (Wood Mackenzie 2025)."
      },
      "sources": [
        {
          "url": "https://docs.nlr.gov/docs/fy26osti/96742.pdf",
          "title": "Large Power Transformer Supply Chain Gap Analysis and Domestic Content Strategies for Hydropower Rehabilitation: Supplemental Report (NLR/TP-5700-96742, May 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "nlr-lpt-hydro-2026",
      "name": "Large power transformers (100 MVA), 2026: National Laboratory of the Rockies (DOE)",
      "url": "https://www.nlr.gov/news/detail/program/2026/us-hydropower-faces-supply-chain-challenges-with-large-power-transformers",
      "summary": "DOE’s National Laboratory of the Rockies (formerly NREL) puts a typical 100 MVA large power transformer at 2.5 to 3 years from order and extra-high-voltage units at up to 5 years, with prices up about 80% since 2021.",
      "tags": [
        "lpt",
        "gsu",
        "price-index"
      ],
      "fields": {
        "transformer_type": "Large power transformer",
        "size_class": "Typical LPT (100 MVA); extra-high-voltage up to 5 years",
        "region": "US",
        "as_of": "2026-05",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "Approximately 2.5 to 3 years for a typical 100 MVA unit; up to 5 years for extra-high-voltage units",
        "price_change_pct": 80,
        "price_change_pct_max": null,
        "price_baseline": "2025 prices vs the flat 2014–2021 level (BLS PPI, per the report)",
        "publisher": "National Laboratory of the Rockies (formerly NREL), US DOE",
        "original_source": "NLR/TP-5700-96742, Large Power Transformer Supply Chain Gap Analysis and Domestic Content Strategies for Hydropower Rehabilitation (May 2026)",
        "source_type": "government-lab",
        "quote": "Long lead times: The procurement timeline for a typical LPT (rated to handle 100 megavolt-amperes of electrical power) is approximately 2.5 to 3 years and up to 5 years for extra-high-voltage LPTs."
      },
      "sources": [
        {
          "url": "https://www.nlr.gov/news/detail/program/2026/us-hydropower-faces-supply-chain-challenges-with-large-power-transformers",
          "title": "US Hydropower Faces Supply Chain Challenges With Large Power Transformers (NLR, 16 Jul 2026)",
          "accessed": "2026-11-09"
        },
        {
          "url": "https://docs.nlr.gov/docs/fy26osti/96742.pdf",
          "title": "Large Power Transformer Supply Chain Gap Analysis and Domestic Content Strategies for Hydropower Rehabilitation: Supplemental Report (NLR/TP-5700-96742, May 2026)",
          "accessed": "2026-11-09"
        },
        {
          "url": "https://www.digitaltoday.co.kr/en/view/83664/us-power-grid-key-equipment-transformer-shortage-import-reliance-80-percent-lead-times-up-to-5-years",
          "title": "U.S. power grid key equipment 'transformer' in short supply (Digital Today, 21 Jul 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "eu-uk-200wk-2026",
      "name": "Large power transformers in the US and parts of Europe, 2026: Transformer Technology",
      "url": "https://transformer-technology.com/article-hub/specific-challenges-related-to-the-process-of-procuring-power-transformers-from-suppliers-outside-europe/",
      "summary": "Transformer Technology cited reports that large power transformers can need 200 weeks for delivery in the US and parts of Europe.",
      "tags": [
        "lpt"
      ],
      "fields": {
        "transformer_type": "Large power transformer",
        "size_class": "Large",
        "region": "US/EU",
        "as_of": "2026-05",
        "lead_time_weeks_min": 200,
        "lead_time_weeks_max": null,
        "lead_time_note": "Up to 200 weeks in critical cases; attributed to Northfield Transformers (a vendor) - weak source",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Transformer Technology (citing Northfield Transformers)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "Some reports indicate that large power transformers can now require 200 weeks (nearly four years) for delivery in the United States and parts of Europe ( northfieldtransformers.com )."
      },
      "sources": [
        {
          "url": "https://transformer-technology.com/article-hub/specific-challenges-related-to-the-process-of-procuring-power-transformers-from-suppliers-outside-europe/",
          "title": "Specific Challenges Related to the Process of Procuring Power Transformers from Suppliers Outside Europe (Transformer Technology, 14 May 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "doe-lpt-2010-baseline",
      "name": "Large power transformers, 2010 baseline: DOE 2014 study",
      "url": "https://reliamag.com/guides/aging-transformer-fleet-statistics/",
      "summary": "In 2010, large power transformers took 5 to 12 months from order to delivery from US plants and 6 to 16 months from foreign plants.",
      "tags": [
        "lpt"
      ],
      "fields": {
        "transformer_type": "Large power transformer",
        "size_class": ">100 MVA (LPT)",
        "region": "US",
        "as_of": "2010",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "5 to 12 months (domestic), 6 to 16 months (foreign); 18 to 24 months in high-demand periods",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "US DOE (2014 study, via ReliaMag)",
        "original_source": "DOE 2014 LPT study using USITC trade-case data",
        "source_type": "secondary",
        "quote": "The pre-shortage baseline comes from DOE's 2014 study, drawing on USITC trade-case data: in 2010, the average lead time between an LPT order and delivery ran 5 to 12 months for domestic producers and 6 to 16 months for foreign ones, stretching toward 18 to 24 months in high-demand periods."
      },
      "sources": [
        {
          "url": "https://reliamag.com/guides/aging-transformer-fleet-statistics/",
          "title": "The Aging Transformer Fleet: What the 40-Year Claim Really Says (ReliaMag, 7 Jul 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "gao-lpt-2023",
      "name": "Large power transformers, 2023: GAO via NLR",
      "url": "https://docs.nlr.gov/docs/fy26osti/96742.pdf",
      "summary": "GAO found typical large power transformers taking 30 to 36 months from purchase order to receipt, up from 12 to 18 months, as cited in DOE’s May 2026 NLR report.",
      "tags": [
        "lpt"
      ],
      "fields": {
        "transformer_type": "Large power transformer",
        "size_class": "Typical LPT",
        "region": "US",
        "as_of": "2023",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "30 to 36 months from purchase order to receipt (up from 12 to 18 months)",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "US GAO (2023), cited by the National Laboratory of the Rockies (May 2026)",
        "original_source": "U.S. Government Accountability Office 2023",
        "source_type": "government",
        "quote": "However, procurement timelines for new transformers measured from purchase order to receipt have lengthened from 12–18 months to 30–36 months (U.S. Government Accountability Office 2023) for typical LPTs."
      },
      "sources": [
        {
          "url": "https://docs.nlr.gov/docs/fy26osti/96742.pdf",
          "title": "Large Power Transformer Supply Chain Gap Analysis and Domestic Content Strategies for Hydropower Rehabilitation: Supplemental Report (NLR/TP-5700-96742, May 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-apr-2024-large-power",
      "name": "Large substation and GSU transformers, April 2024: Wood Mackenzie (POWER)",
      "url": "https://www.powermag.com/the-transformer-crisis-an-industry-on-the-brink/",
      "summary": "POWER reported Wood Mackenzie's April 2024 range for large substation and GSU transformers as 120 to 210 weeks.",
      "tags": [
        "lpt",
        "gsu",
        "substation"
      ],
      "fields": {
        "transformer_type": "Substation power and GSU",
        "size_class": "Large",
        "region": "US",
        "as_of": "2024-04",
        "lead_time_weeks_min": 120,
        "lead_time_weeks_max": 210,
        "lead_time_note": "120 to 210 weeks (2.3 to 4 years). Utility Dive reports the same April report as 80 to 120 weeks for larger transformers; NIAC/others cite 80 to 210.",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie (via POWER)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "Lead times for large transformers, both substation power transformers and generator step-up (GSU) transformers, have surged to 120 to 210 weeks—or 2.3 to 4 years."
      },
      "sources": [
        {
          "url": "https://www.powermag.com/the-transformer-crisis-an-industry-on-the-brink/",
          "title": "The Transformer Crisis: An Industry on the Brink (POWER, 26 Jun 2024)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "utility-substation-2026",
      "name": "Large substation transformers, July 2026: utility via Reuters",
      "url": "https://www.kitco.com/news/off-the-wire/2026-07-09/us-power-companies-scramble-secure-equipment-surging-data-center",
      "summary": "Roseville Electric’s CEO told Reuters large substation transformers were taking more than three years, so the California utility buys equipment five years ahead.",
      "tags": [
        "substation",
        "lpt"
      ],
      "fields": {
        "transformer_type": "Large substation transformer",
        "size_class": "Large substation",
        "region": "US",
        "as_of": "2026-07",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "Pushing past three years",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Reuters (Roseville Electric CEO Dan Beans)",
        "original_source": null,
        "source_type": "utility",
        "quote": "But with large transformers for substations pushing past a three-year waiting time, the utility is buying equipment for projects that it knows are coming five years in advance, he added."
      },
      "sources": [
        {
          "url": "https://www.kitco.com/news/off-the-wire/2026-07-09/us-power-companies-scramble-secure-equipment-surging-data-center",
          "title": "Reuters via Kitco: US power companies scramble to secure equipment as surging data center demand strains supplies (9 Jul 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "bnef-large-2026",
      "name": "Large transformers (100 MVA+), Feb 2026: BloombergNEF via pv magazine",
      "url": "https://www.pv-magazine.com/2026/02/27/global-energy-transition-hits-a-hardware-bottleneck/",
      "summary": "BloombergNEF data show lead times for large transformers of 100 MVA and above have more than doubled since 2019, with US transformer prices up 79%.",
      "tags": [
        "lpt",
        "price-index"
      ],
      "fields": {
        "transformer_type": "Large power transformer",
        "size_class": "100 MVA and above",
        "region": "US",
        "as_of": "2026-02",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "More than doubled compared with 2019",
        "price_change_pct": 79,
        "price_change_pct_max": null,
        "price_baseline": "Not stated by the source (US market)",
        "publisher": "BloombergNEF (via pv magazine)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "Data from market intelligence provider BloombergNEF show that lead times for supply of large transformers (100 megavolt-amp and above) have more than doubled compared to 2019, and in the US market prices for transformers have increased by 79%."
      },
      "sources": [
        {
          "url": "https://www.pv-magazine.com/2026/02/27/global-energy-transition-hits-a-hardware-bottleneck/",
          "title": "Global energy transition hits a hardware bottleneck (pv magazine, 27 Feb 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-apr-2024-large-ud",
      "name": "Larger transformers, April 2024: Wood Mackenzie (Utility Dive)",
      "url": "https://www.utilitydive.com/news/electric-transformer-shortage-nrel-niac/738947/",
      "summary": "Utility Dive reported Wood Mackenzie's April report put larger transformer lead times at 80 to 120 weeks.",
      "tags": [
        "lpt",
        "substation"
      ],
      "fields": {
        "transformer_type": "Larger power transformers",
        "size_class": "Large",
        "region": "US",
        "as_of": "2024-04",
        "lead_time_weeks_min": 80,
        "lead_time_weeks_max": 120,
        "lead_time_note": "80 to 120 weeks, as reported by Utility Dive; conflicts with POWER's 120 to 210",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie (via Utility Dive)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "Larger transformer lead times range from 80 to 120 weeks, according to a Wood Mackenzie, or WoodMac, April report."
      },
      "sources": [
        {
          "url": "https://www.utilitydive.com/news/electric-transformer-shortage-nrel-niac/738947/",
          "title": "Transformer supply bottleneck threatens power system stability as load grows (Utility Dive, 12 Feb 2025)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "ermco-distribution-2024",
      "name": "Pad-mount distribution transformers, early 2024: ERMCO",
      "url": "https://latitudemedia.com/news/catalyst-understanding-the-electric-transformer-shortage",
      "summary": "ERMCO’s CEO said single- and three-phase pad-mount transformers were taking as long as two years, against 12 to 14 weeks in 2018.",
      "tags": [
        "distribution-pad-mounted"
      ],
      "fields": {
        "transformer_type": "Pad-mounted distribution transformer",
        "size_class": "Pad-mount (single- and three-phase)",
        "region": "US",
        "as_of": "2024-02",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "As long as two years for single- and three-phase pad-mount units",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Latitude Media (ERMCO CEO Tim Mills)",
        "original_source": null,
        "source_type": "manufacturer",
        "quote": "But those pad mount transformers, both single phase and three-phase, still pretty darn long. I’ve seen things as long as two years right now on either."
      },
      "sources": [
        {
          "url": "https://latitudemedia.com/news/catalyst-understanding-the-electric-transformer-shortage",
          "title": "Understanding the electric transformer shortage (Latitude Media, 26 Feb 2024)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "hitachi-padmount-2025",
      "name": "Pad-mounted distribution transformers, early 2025: Hitachi Energy",
      "url": "https://www.utilitydive.com/news/electric-transformer-shortage-nrel-niac/738947/",
      "summary": "Hitachi Energy said pad-mounted distribution transformer lead times were double or triple pre-pandemic levels.",
      "tags": [
        "distribution-pad-mounted"
      ],
      "fields": {
        "transformer_type": "Pad-mounted distribution transformer",
        "size_class": "Pad-mounted",
        "region": "US",
        "as_of": "2025-02",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "Double or triple pre-pandemic lead times",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Hitachi Energy (via Utility Dive)",
        "original_source": null,
        "source_type": "manufacturer",
        "quote": "Lead times for pad-mounted distribution transformers “are double or triple” what they were pre-pandemic"
      },
      "sources": [
        {
          "url": "https://www.utilitydive.com/news/electric-transformer-shortage-nrel-niac/738947/",
          "title": "Transformer supply bottleneck threatens power system stability as load grows (Utility Dive, 12 Feb 2025)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-price-poletop-2023-2025",
      "name": "Pole-top transformer prices, Jan 2023 to Mar 2025: Wood Mackenzie",
      "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
      "summary": "Wood Mackenzie's price index shows pole-top transformer prices up 21% from January 2023 to March 2025.",
      "tags": [
        "price-index",
        "distribution-pole"
      ],
      "fields": {
        "transformer_type": "Pole-mounted distribution transformer",
        "size_class": "Pole-top",
        "region": "US",
        "as_of": "2025-03",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 21,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2023 (index Jan 23 = 100)",
        "publisher": "Wood Mackenzie",
        "original_source": null,
        "source_type": "primary",
        "quote": "Transformer Price Change by Specification January 2023 – March 2025 ... Pad Mount 1 Phase (+18%) Pad Mount 3 Phase (+20%) Pole Top (+21%) Power Transformer (+15%) Substation Transformers (8%)"
      },
      "sources": [
        {
          "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
          "title": "Wood Mackenzie: Making the connection: meeting the electric T&D supply chain challenge, Executive Summary, September 2025 (with American Clean Power)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "vawn-substation-2026",
      "name": "Power and substation transformers, Aug 2026: VAWN index",
      "url": "https://usevawn.com/resources/electrical-equipment-lead-times/",
      "summary": "An aggregated lead time index put US power and substation transformers at 160+ weeks, citing Wood Mackenzie's 2026 read.",
      "tags": [
        "lpt",
        "substation"
      ],
      "fields": {
        "transformer_type": "Power / substation transformer",
        "size_class": "Power / substation",
        "region": "US",
        "as_of": "2026-08",
        "lead_time_weeks_min": 160,
        "lead_time_weeks_max": null,
        "lead_time_note": "160+ weeks; index says this is Wood Mackenzie's 2026 read (aggregator, not primary)",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "VAWN (aggregating Wood Mackenzie)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "The substation transformer figure is Wood Mackenzie’s 2026 read of above 160 weeks."
      },
      "sources": [
        {
          "url": "https://usevawn.com/resources/electrical-equipment-lead-times/",
          "title": "Electrical Equipment Lead Time Index (VAWN, updated 13 Aug 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-price-power-2023-2025",
      "name": "Power transformer transformer prices, Jan 2023 to Mar 2025: Wood Mackenzie",
      "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
      "summary": "Wood Mackenzie's price index shows power transformer transformer prices up 15% from January 2023 to March 2025.",
      "tags": [
        "price-index",
        "lpt"
      ],
      "fields": {
        "transformer_type": "Power transformer",
        "size_class": "Power transformer",
        "region": "US",
        "as_of": "2025-03",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 15,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2023 (index Jan 23 = 100)",
        "publisher": "Wood Mackenzie",
        "original_source": null,
        "source_type": "primary",
        "quote": "Transformer Price Change by Specification January 2023 – March 2025 ... Pad Mount 1 Phase (+18%) Pad Mount 3 Phase (+20%) Pole Top (+21%) Power Transformer (+15%) Substation Transformers (8%)"
      },
      "sources": [
        {
          "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
          "title": "Wood Mackenzie: Making the connection: meeting the electric T&D supply chain challenge, Executive Summary, September 2025 (with American Clean Power)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-price-power-since-2019",
      "name": "Power transformer unit prices since 2019: Wood Mackenzie via POWER",
      "url": "https://powermag.com/transformers-in-2026-shortage-scramble-or-self-inflicted-crisis/",
      "summary": "Wood Mackenzie data show power transformer unit prices up 77% since 2019.",
      "tags": [
        "price-index",
        "lpt"
      ],
      "fields": {
        "transformer_type": "Power transformer",
        "size_class": "Power transformer",
        "region": "US",
        "as_of": "2025",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 77,
        "price_change_pct_max": null,
        "price_baseline": "vs 2019",
        "publisher": "Wood Mackenzie (via POWER)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "Since 2019, unit prices have increased 77% for power transformers and 45% for GSUs, with some classes of distribution transformers rising as much as 95%."
      },
      "sources": [
        {
          "url": "https://powermag.com/transformers-in-2026-shortage-scramble-or-self-inflicted-crisis/",
          "title": "Transformers in 2026: Shortage, Scramble, or Self-Inflicted Crisis? (POWER, 2 Jan 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-power-2025q1",
      "name": "Power transformers, Q1 2025: Wood Mackenzie",
      "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
      "summary": "Wood Mackenzie's lead time benchmark put average power transformer lead times at 138.4 weeks in 2025 Q1.",
      "tags": [
        "lpt",
        "substation"
      ],
      "fields": {
        "transformer_type": "Power transformer",
        "size_class": "Power transformer (classified by type, not voltage)",
        "region": "US",
        "as_of": "2025-Q1",
        "lead_time_weeks_min": 138.4,
        "lead_time_weeks_max": 138.4,
        "lead_time_note": "Average 138.4 weeks after receipt of order (chart value). Source: Wood Mackenzie Supply Chain’s Lead Time Benchmarking (chart 'Quarterly lead time change 2025 Q1 – 2025 Q2', weeks ARO).",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie",
        "original_source": null,
        "source_type": "primary",
        "quote": "Chart value 138.4 weeks (2025-Q1); see page 5 of the executive summary."
      },
      "sources": [
        {
          "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
          "title": "Wood Mackenzie: Making the connection: meeting the electric T&D supply chain challenge, Executive Summary, September 2025 (with American Clean Power)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-power-2025q2",
      "name": "Power transformers, Q2 2025: Wood Mackenzie",
      "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
      "summary": "Wood Mackenzie's lead time benchmark put average power transformer lead times at 128 weeks in 2025 Q2.",
      "tags": [
        "lpt",
        "substation"
      ],
      "fields": {
        "transformer_type": "Power transformer",
        "size_class": "Power transformer (classified by type, not voltage)",
        "region": "US",
        "as_of": "2025-Q2",
        "lead_time_weeks_min": 128,
        "lead_time_weeks_max": 128,
        "lead_time_note": "Average 128 weeks after receipt of order (chart value). Source: Wood Mackenzie Supply Chain’s Lead Time Benchmarking (chart 'Quarterly lead time change 2025 Q1 – 2025 Q2', weeks ARO).",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie",
        "original_source": null,
        "source_type": "primary",
        "quote": "• Power transformer lead times eased in Q2 falling by 10 weeks to an average of 128 weeks."
      },
      "sources": [
        {
          "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
          "title": "Wood Mackenzie: Making the connection: meeting the electric T&D supply chain challenge, Executive Summary, September 2025 (with American Clean Power)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-price-padmount1-2023-2025",
      "name": "Single-phase pad-mount transformer prices, Jan 2023 to Mar 2025: Wood Mackenzie",
      "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
      "summary": "Wood Mackenzie's price index shows single-phase pad-mount transformer prices up 18% from January 2023 to March 2025.",
      "tags": [
        "price-index",
        "distribution-pad-mounted"
      ],
      "fields": {
        "transformer_type": "Pad-mount single-phase distribution transformer",
        "size_class": "Single-phase pad-mount",
        "region": "US",
        "as_of": "2025-03",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 18,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2023 (index Jan 23 = 100)",
        "publisher": "Wood Mackenzie",
        "original_source": null,
        "source_type": "primary",
        "quote": "Transformer Price Change by Specification January 2023 – March 2025 ... Pad Mount 1 Phase (+18%) Pad Mount 3 Phase (+20%) Pole Top (+21%) Power Transformer (+15%) Substation Transformers (8%)"
      },
      "sources": [
        {
          "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
          "title": "Wood Mackenzie: Making the connection: meeting the electric T&D supply chain challenge, Executive Summary, September 2025 (with American Clean Power)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-padmount1-2025q1",
      "name": "Single-phase pad-mount transformers, Q1 2025: Wood Mackenzie",
      "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
      "summary": "Wood Mackenzie's lead time benchmark put average pad-mount single-phase distribution transformer lead times at 19.9 weeks in 2025 Q1.",
      "tags": [
        "distribution-pad-mounted"
      ],
      "fields": {
        "transformer_type": "Pad-mount single-phase distribution transformer",
        "size_class": "Pad-mounted 1-phase",
        "region": "US",
        "as_of": "2025-Q1",
        "lead_time_weeks_min": 19.9,
        "lead_time_weeks_max": 19.9,
        "lead_time_note": "Average 19.9 weeks after receipt of order (chart value). Source: Wood Mackenzie Supply Chain’s Lead Time Benchmarking (chart 'Quarterly lead time change 2025 Q1 – 2025 Q2', weeks ARO).",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie",
        "original_source": null,
        "source_type": "primary",
        "quote": "Chart value 19.9 weeks (2025-Q1); see page 5 of the executive summary."
      },
      "sources": [
        {
          "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
          "title": "Wood Mackenzie: Making the connection: meeting the electric T&D supply chain challenge, Executive Summary, September 2025 (with American Clean Power)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-padmount1-2025q2",
      "name": "Single-phase pad-mount transformers, Q2 2025: Wood Mackenzie",
      "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
      "summary": "Wood Mackenzie's lead time benchmark put average pad-mount single-phase distribution transformer lead times at 24 weeks in 2025 Q2.",
      "tags": [
        "distribution-pad-mounted"
      ],
      "fields": {
        "transformer_type": "Pad-mount single-phase distribution transformer",
        "size_class": "Pad-mounted 1-phase",
        "region": "US",
        "as_of": "2025-Q2",
        "lead_time_weeks_min": 24,
        "lead_time_weeks_max": 24,
        "lead_time_note": "Average 24 weeks after receipt of order (chart value). Source: Wood Mackenzie Supply Chain’s Lead Time Benchmarking (chart 'Quarterly lead time change 2025 Q1 – 2025 Q2', weeks ARO).",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie",
        "original_source": null,
        "source_type": "primary",
        "quote": "• Other key categories including pad mount 1 and 3 phase transformers, reclosers and wire & cable all recorded steady increases in Q2, while switchgear edged down to an average of 44 weeks."
      },
      "sources": [
        {
          "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
          "title": "Wood Mackenzie: Making the connection: meeting the electric T&D supply chain challenge, Executive Summary, September 2025 (with American Clean Power)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-price-substation-2023-2025",
      "name": "Substation transformer transformer prices, Jan 2023 to Mar 2025: Wood Mackenzie",
      "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
      "summary": "Wood Mackenzie's price index shows substation transformer transformer prices up 8% from January 2023 to March 2025.",
      "tags": [
        "price-index",
        "substation"
      ],
      "fields": {
        "transformer_type": "Substation transformer",
        "size_class": "Substation transformer",
        "region": "US",
        "as_of": "2025-03",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 8,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2023 (index Jan 23 = 100)",
        "publisher": "Wood Mackenzie",
        "original_source": null,
        "source_type": "primary",
        "quote": "Transformer Price Change by Specification January 2023 – March 2025 ... Pad Mount 1 Phase (+18%) Pad Mount 3 Phase (+20%) Pole Top (+21%) Power Transformer (+15%) Substation Transformers (8%)"
      },
      "sources": [
        {
          "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
          "title": "Wood Mackenzie: Making the connection: meeting the electric T&D supply chain challenge, Executive Summary, September 2025 (with American Clean Power)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-price-padmount3-2023-2025",
      "name": "Three-phase pad-mount transformer prices, Jan 2023 to Mar 2025: Wood Mackenzie",
      "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
      "summary": "Wood Mackenzie's price index shows three-phase pad-mount transformer prices up 20% from January 2023 to March 2025.",
      "tags": [
        "price-index",
        "distribution-pad-mounted"
      ],
      "fields": {
        "transformer_type": "Pad-mount three-phase distribution transformer",
        "size_class": "Three-phase pad-mount",
        "region": "US",
        "as_of": "2025-03",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 20,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2023 (index Jan 23 = 100)",
        "publisher": "Wood Mackenzie",
        "original_source": null,
        "source_type": "primary",
        "quote": "Transformer Price Change by Specification January 2023 – March 2025 ... Pad Mount 1 Phase (+18%) Pad Mount 3 Phase (+20%) Pole Top (+21%) Power Transformer (+15%) Substation Transformers (8%)"
      },
      "sources": [
        {
          "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
          "title": "Wood Mackenzie: Making the connection: meeting the electric T&D supply chain challenge, Executive Summary, September 2025 (with American Clean Power)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "giga-padmount3-dc-2026",
      "name": "Three-phase pad-mount transformers for data centers, Aug 2026: Giga Energy",
      "url": "https://www.gigaenergy.com/blog/lead-time-delays-for-data-centers",
      "summary": "A transformer supplier said three-phase pad-mount units for data center projects were quoted at 40-plus weeks.",
      "tags": [
        "distribution-pad-mounted"
      ],
      "fields": {
        "transformer_type": "Pad-mount three-phase distribution transformer",
        "size_class": "Pad-mounted 3-phase (data center spec)",
        "region": "US",
        "as_of": "2026-08",
        "lead_time_weeks_min": 40,
        "lead_time_weeks_max": null,
        "lead_time_note": "40-plus weeks (supplier's field observation)",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Giga Energy",
        "original_source": null,
        "source_type": "manufacturer",
        "quote": "The number I hear over and over is 40-plus weeks for the three-phase padmount transformers data center projects actually need."
      },
      "sources": [
        {
          "url": "https://www.gigaenergy.com/blog/lead-time-delays-for-data-centers",
          "title": "The constraints that cause lead time delays for data centers (Giga Energy, 13 Aug 2026)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-padmount3-2025q1",
      "name": "Three-phase pad-mount transformers, Q1 2025: Wood Mackenzie",
      "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
      "summary": "Wood Mackenzie's lead time benchmark put average pad-mount three-phase distribution transformer lead times at 30 weeks in 2025 Q1.",
      "tags": [
        "distribution-pad-mounted"
      ],
      "fields": {
        "transformer_type": "Pad-mount three-phase distribution transformer",
        "size_class": "Pad-mounted 3-phase",
        "region": "US",
        "as_of": "2025-Q1",
        "lead_time_weeks_min": 30,
        "lead_time_weeks_max": 30,
        "lead_time_note": "Average 30 weeks after receipt of order (chart value). Source: Wood Mackenzie Supply Chain’s Lead Time Benchmarking (chart 'Quarterly lead time change 2025 Q1 – 2025 Q2', weeks ARO).",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie",
        "original_source": null,
        "source_type": "primary",
        "quote": "Chart value 30 weeks (2025-Q1); see page 5 of the executive summary."
      },
      "sources": [
        {
          "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
          "title": "Wood Mackenzie: Making the connection: meeting the electric T&D supply chain challenge, Executive Summary, September 2025 (with American Clean Power)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-padmount3-2025q2",
      "name": "Three-phase pad-mount transformers, Q2 2025: Wood Mackenzie",
      "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
      "summary": "Wood Mackenzie's lead time benchmark put average pad-mount three-phase distribution transformer lead times at 46.4 weeks in 2025 Q2.",
      "tags": [
        "distribution-pad-mounted"
      ],
      "fields": {
        "transformer_type": "Pad-mount three-phase distribution transformer",
        "size_class": "Pad-mounted 3-phase",
        "region": "US",
        "as_of": "2025-Q2",
        "lead_time_weeks_min": 46.4,
        "lead_time_weeks_max": 46.4,
        "lead_time_note": "Average 46.4 weeks after receipt of order (chart value). Source: Wood Mackenzie Supply Chain’s Lead Time Benchmarking (chart 'Quarterly lead time change 2025 Q1 – 2025 Q2', weeks ARO).",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Wood Mackenzie",
        "original_source": null,
        "source_type": "primary",
        "quote": "• Other key categories including pad mount 1 and 3 phase transformers, reclosers and wire & cable all recorded steady increases in Q2, while switchgear edged down to an average of 44 weeks."
      },
      "sources": [
        {
          "url": "https://www.powermag.com/wp-content/uploads/2026/01/making-the-connection-executive-summary-september-2025.pdf",
          "title": "Wood Mackenzie: Making the connection: meeting the electric T&D supply chain challenge, Executive Summary, September 2025 (with American Clean Power)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "woodmac-apr-2024-price",
      "name": "Transformer prices, April 2024: Wood Mackenzie",
      "url": "https://www.powermag.com/the-transformer-crisis-an-industry-on-the-brink/",
      "summary": "Wood Mackenzie said transformer prices had risen 60% to 80% on average since January 2020.",
      "tags": [
        "price-index",
        "lpt"
      ],
      "fields": {
        "transformer_type": "Transformers (all)",
        "size_class": "All sizes",
        "region": "US",
        "as_of": "2024-04",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 60,
        "price_change_pct_max": 80,
        "price_baseline": "vs January 2020",
        "publisher": "Wood Mackenzie (via POWER)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "At the same time, depending on the size and application, transformer prices have risen 60% to 80% on average since January 2020, driven upward by raw material commodities."
      },
      "sources": [
        {
          "url": "https://www.powermag.com/the-transformer-crisis-an-industry-on-the-brink/",
          "title": "The Transformer Crisis: An Industry on the Brink (POWER, 26 Jun 2024)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "eu-ghent-2024",
      "name": "Transformers in Europe, May 2024: Ghent University",
      "url": "https://transformer-technology.com/europe-faces-transformer-shortage-grid-expansion-and-renewable-energy-projects-at-risk-transformer-technology-news/",
      "summary": "A Ghent University researcher said transformer lead times in Europe had doubled, with price hikes.",
      "tags": [
        "lpt",
        "substation"
      ],
      "fields": {
        "transformer_type": "Transformers (general)",
        "size_class": "Unspecified",
        "region": "EU",
        "as_of": "2024-05",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "Lead times have doubled (no week figure)",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Transformer Technology (quoting Ghent University)",
        "original_source": null,
        "source_type": "secondary",
        "quote": "Joannes Laveyne, a research assistant at Ghent University's electrical energy lab, highlights the widespread impact of the shortage, noting that lead times for transformers have doubled, causing delays and price hikes across various industries."
      },
      "sources": [
        {
          "url": "https://transformer-technology.com/europe-faces-transformer-shortage-grid-expansion-and-renewable-energy-projects-at-risk-transformer-technology-news/",
          "title": "Europe faces transformer shortage (Transformer Technology, 7 May 2024)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "nema-2020-baseline",
      "name": "Transformers, ~2020 baseline: NEMA",
      "url": "https://www.utilitydive.com/news/electric-transformer-shortage-nrel-niac/738947/",
      "summary": "NEMA said that five years before early 2025, the wait for a new transformer was four to six weeks.",
      "tags": [
        "distribution-pad-mounted",
        "distribution-pole"
      ],
      "fields": {
        "transformer_type": "Transformer (unspecified)",
        "size_class": "Unspecified",
        "region": "US",
        "as_of": "2020",
        "lead_time_weeks_min": 4,
        "lead_time_weeks_max": 6,
        "lead_time_note": "'Five years ago' relative to Feb 2025; type not specified",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "NEMA (via Utility Dive)",
        "original_source": null,
        "source_type": "industry-association",
        "quote": "“Five years ago, that wait time was four to six weeks.”"
      },
      "sources": [
        {
          "url": "https://www.utilitydive.com/news/electric-transformer-shortage-nrel-niac/738947/",
          "title": "Transformer supply bottleneck threatens power system stability as load grows (Utility Dive, 12 Feb 2025)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "nema-2025",
      "name": "Transformers, early 2025: NEMA",
      "url": "https://www.utilitydive.com/news/electric-transformer-shortage-nrel-niac/738947/",
      "summary": "NEMA said a new transformer ordered in early 2025 could take up to three years to deliver.",
      "tags": [
        "lpt",
        "substation"
      ],
      "fields": {
        "transformer_type": "Transformer (unspecified)",
        "size_class": "Unspecified",
        "region": "US",
        "as_of": "2025-02",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "Up to three years",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "NEMA (via Utility Dive)",
        "original_source": null,
        "source_type": "industry-association",
        "quote": "“Delivery of a new transformer ordered today could take up to three years,” said National Association of Electrical Manufacturers, or NEMA, Director of Government Relations Peter Ferrell."
      },
      "sources": [
        {
          "url": "https://www.utilitydive.com/news/electric-transformer-shortage-nrel-niac/738947/",
          "title": "Transformer supply bottleneck threatens power system stability as load grows (Utility Dive, 12 Feb 2025)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "tse-2024",
      "name": "Transformers, May 2024: Thunder Said Energy",
      "url": "https://thundersaidenergy.com/?p=68162",
      "summary": "Thunder Said Energy said lead times had risen from 12 to 24 weeks to one to three years, and prices by 70%.",
      "tags": [
        "lpt",
        "price-index"
      ],
      "fields": {
        "transformer_type": "Transformers (general)",
        "size_class": "Unspecified",
        "region": "global",
        "as_of": "2024-05",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "1 to 3 years (from 12 to 24 weeks earlier)",
        "price_change_pct": 70,
        "price_change_pct_max": null,
        "price_baseline": "Not stated (earlier level)",
        "publisher": "Thunder Said Energy",
        "original_source": null,
        "source_type": "analyst",
        "quote": "Lead times have risen from 12-24 weeks to 1-3 years."
      },
      "sources": [
        {
          "url": "https://thundersaidenergy.com/?p=68162",
          "title": "Transformer shortages: at their core? (Thunder Said Energy, 16 May 2024)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "hitachi-transmission-2025",
      "name": "Transmission-scale transformers, early 2025: Hitachi Energy",
      "url": "https://www.utilitydive.com/news/electric-transformer-shortage-nrel-niac/738947/",
      "summary": "Hitachi Energy said transmission-scale transformer lead times were three to six years, with specialized units longest.",
      "tags": [
        "lpt",
        "substation"
      ],
      "fields": {
        "transformer_type": "Transmission-scale power transformer",
        "size_class": "Transmission scale",
        "region": "US",
        "as_of": "2025-02",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "Three to six years",
        "price_change_pct": null,
        "price_change_pct_max": null,
        "price_baseline": null,
        "publisher": "Hitachi Energy (via Utility Dive)",
        "original_source": null,
        "source_type": "manufacturer",
        "quote": "“Transmission scale unit lead times are now three years to six years, with specialized transformers taking the longest time,” he added."
      },
      "sources": [
        {
          "url": "https://www.utilitydive.com/news/electric-transformer-shortage-nrel-niac/738947/",
          "title": "Transformer supply bottleneck threatens power system stability as load grows (Utility Dive, 12 Feb 2025)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "ppi-power-distribution-2022-01",
      "name": "US producer prices for power and distribution transformers, 2022-01: BLS PPI",
      "url": "https://fred.stlouisfed.org/series/PCU3353113353111",
      "summary": "The BLS producer price index for power and distribution transformers (except parts) stood at 275.554 in 2022-01, 36.8% above January 2020.",
      "tags": [
        "price-index",
        "lpt",
        "distribution-pad-mounted",
        "distribution-pole"
      ],
      "fields": {
        "transformer_type": "Power and distribution transformers, except parts (product PPI)",
        "size_class": "All",
        "region": "US",
        "as_of": "2022-01",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "Series last published 2023-02",
        "price_change_pct": 36.8,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2020 (index 201.5); calculated from FRED index values",
        "publisher": "US Bureau of Labor Statistics (via FRED)",
        "original_source": null,
        "source_type": "primary",
        "quote": "PCU3353113353111 index: 2020-01 = 201.5; 2022-01 = 275.554"
      },
      "sources": [
        {
          "url": "https://fred.stlouisfed.org/series/PCU3353113353111",
          "title": "FRED / BLS: PPI: Power and Distribution Transformers, Except Parts (PCU3353113353111)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "ppi-power-distribution-2023-01",
      "name": "US producer prices for power and distribution transformers, 2023-01: BLS PPI",
      "url": "https://fred.stlouisfed.org/series/PCU3353113353111",
      "summary": "The BLS producer price index for power and distribution transformers (except parts) stood at 332.505 in 2023-01, 65.0% above January 2020.",
      "tags": [
        "price-index",
        "lpt",
        "distribution-pad-mounted",
        "distribution-pole"
      ],
      "fields": {
        "transformer_type": "Power and distribution transformers, except parts (product PPI)",
        "size_class": "All",
        "region": "US",
        "as_of": "2023-01",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": "Series last published 2023-02",
        "price_change_pct": 65,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2020 (index 201.5); calculated from FRED index values",
        "publisher": "US Bureau of Labor Statistics (via FRED)",
        "original_source": null,
        "source_type": "primary",
        "quote": "PCU3353113353111 index: 2020-01 = 201.5; 2023-01 = 332.505"
      },
      "sources": [
        {
          "url": "https://fred.stlouisfed.org/series/PCU3353113353111",
          "title": "FRED / BLS: PPI: Power and Distribution Transformers, Except Parts (PCU3353113353111)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "ppi-transformer-mfg-2021-01",
      "name": "US producer prices for transformers, 2021-01: BLS PPI",
      "url": "https://fred.stlouisfed.org/series/PCU335311335311",
      "summary": "The BLS producer price index for electric power and specialty transformer manufacturing stood at 262 in 2021-01, 2.5% above January 2020.",
      "tags": [
        "price-index"
      ],
      "fields": {
        "transformer_type": "Electric power and specialty transformers (industry PPI)",
        "size_class": "All",
        "region": "US",
        "as_of": "2021-01",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 2.5,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2020 (index 255.5); calculated from FRED index values, not seasonally adjusted",
        "publisher": "US Bureau of Labor Statistics (via FRED)",
        "original_source": null,
        "source_type": "primary",
        "quote": "PCU335311335311 index: 2020-01 = 255.5; 2021-01 = 262"
      },
      "sources": [
        {
          "url": "https://fred.stlouisfed.org/series/PCU335311335311",
          "title": "FRED / BLS: PPI by Industry: Electric Power and Specialty Transformer Manufacturing (PCU335311335311)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "ppi-transformer-mfg-2022-01",
      "name": "US producer prices for transformers, 2022-01: BLS PPI",
      "url": "https://fred.stlouisfed.org/series/PCU335311335311",
      "summary": "The BLS producer price index for electric power and specialty transformer manufacturing stood at 356.302 in 2022-01, 39.5% above January 2020.",
      "tags": [
        "price-index"
      ],
      "fields": {
        "transformer_type": "Electric power and specialty transformers (industry PPI)",
        "size_class": "All",
        "region": "US",
        "as_of": "2022-01",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 39.5,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2020 (index 255.5); calculated from FRED index values, not seasonally adjusted",
        "publisher": "US Bureau of Labor Statistics (via FRED)",
        "original_source": null,
        "source_type": "primary",
        "quote": "PCU335311335311 index: 2020-01 = 255.5; 2022-01 = 356.302"
      },
      "sources": [
        {
          "url": "https://fred.stlouisfed.org/series/PCU335311335311",
          "title": "FRED / BLS: PPI by Industry: Electric Power and Specialty Transformer Manufacturing (PCU335311335311)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "ppi-transformer-mfg-2023-01",
      "name": "US producer prices for transformers, 2023-01: BLS PPI",
      "url": "https://fred.stlouisfed.org/series/PCU335311335311",
      "summary": "The BLS producer price index for electric power and specialty transformer manufacturing stood at 410.561 in 2023-01, 60.7% above January 2020.",
      "tags": [
        "price-index"
      ],
      "fields": {
        "transformer_type": "Electric power and specialty transformers (industry PPI)",
        "size_class": "All",
        "region": "US",
        "as_of": "2023-01",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 60.7,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2020 (index 255.5); calculated from FRED index values, not seasonally adjusted",
        "publisher": "US Bureau of Labor Statistics (via FRED)",
        "original_source": null,
        "source_type": "primary",
        "quote": "PCU335311335311 index: 2020-01 = 255.5; 2023-01 = 410.561"
      },
      "sources": [
        {
          "url": "https://fred.stlouisfed.org/series/PCU335311335311",
          "title": "FRED / BLS: PPI by Industry: Electric Power and Specialty Transformer Manufacturing (PCU335311335311)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "ppi-transformer-mfg-2024-01",
      "name": "US producer prices for transformers, 2024-01: BLS PPI",
      "url": "https://fred.stlouisfed.org/series/PCU335311335311",
      "summary": "The BLS producer price index for electric power and specialty transformer manufacturing stood at 428.635 in 2024-01, 67.8% above January 2020.",
      "tags": [
        "price-index"
      ],
      "fields": {
        "transformer_type": "Electric power and specialty transformers (industry PPI)",
        "size_class": "All",
        "region": "US",
        "as_of": "2024-01",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 67.8,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2020 (index 255.5); calculated from FRED index values, not seasonally adjusted",
        "publisher": "US Bureau of Labor Statistics (via FRED)",
        "original_source": null,
        "source_type": "primary",
        "quote": "PCU335311335311 index: 2020-01 = 255.5; 2024-01 = 428.635"
      },
      "sources": [
        {
          "url": "https://fred.stlouisfed.org/series/PCU335311335311",
          "title": "FRED / BLS: PPI by Industry: Electric Power and Specialty Transformer Manufacturing (PCU335311335311)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "ppi-transformer-mfg-2025-01",
      "name": "US producer prices for transformers, 2025-01: BLS PPI",
      "url": "https://fred.stlouisfed.org/series/PCU335311335311",
      "summary": "The BLS producer price index for electric power and specialty transformer manufacturing stood at 433.246 in 2025-01, 69.6% above January 2020.",
      "tags": [
        "price-index"
      ],
      "fields": {
        "transformer_type": "Electric power and specialty transformers (industry PPI)",
        "size_class": "All",
        "region": "US",
        "as_of": "2025-01",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 69.6,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2020 (index 255.5); calculated from FRED index values, not seasonally adjusted",
        "publisher": "US Bureau of Labor Statistics (via FRED)",
        "original_source": null,
        "source_type": "primary",
        "quote": "PCU335311335311 index: 2020-01 = 255.5; 2025-01 = 433.246"
      },
      "sources": [
        {
          "url": "https://fred.stlouisfed.org/series/PCU335311335311",
          "title": "FRED / BLS: PPI by Industry: Electric Power and Specialty Transformer Manufacturing (PCU335311335311)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "ppi-transformer-mfg-2026-01",
      "name": "US producer prices for transformers, 2026-01: BLS PPI",
      "url": "https://fred.stlouisfed.org/series/PCU335311335311",
      "summary": "The BLS producer price index for electric power and specialty transformer manufacturing stood at 455.931 in 2026-01, 78.4% above January 2020.",
      "tags": [
        "price-index"
      ],
      "fields": {
        "transformer_type": "Electric power and specialty transformers (industry PPI)",
        "size_class": "All",
        "region": "US",
        "as_of": "2026-01",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 78.4,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2020 (index 255.5); calculated from FRED index values, not seasonally adjusted",
        "publisher": "US Bureau of Labor Statistics (via FRED)",
        "original_source": null,
        "source_type": "primary",
        "quote": "PCU335311335311 index: 2020-01 = 255.5; 2026-01 = 455.931"
      },
      "sources": [
        {
          "url": "https://fred.stlouisfed.org/series/PCU335311335311",
          "title": "FRED / BLS: PPI by Industry: Electric Power and Specialty Transformer Manufacturing (PCU335311335311)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    },
    {
      "id": "ppi-transformer-mfg-2026-09",
      "name": "US producer prices for transformers, 2026-09: BLS PPI",
      "url": "https://fred.stlouisfed.org/series/PCU335311335311",
      "summary": "The BLS producer price index for electric power and specialty transformer manufacturing stood at 475.065 in 2026-09, 85.9% above January 2020.",
      "tags": [
        "price-index"
      ],
      "fields": {
        "transformer_type": "Electric power and specialty transformers (industry PPI)",
        "size_class": "All",
        "region": "US",
        "as_of": "2026-09",
        "lead_time_weeks_min": null,
        "lead_time_weeks_max": null,
        "lead_time_note": null,
        "price_change_pct": 85.9,
        "price_change_pct_max": null,
        "price_baseline": "vs January 2020 (index 255.5); calculated from FRED index values, not seasonally adjusted",
        "publisher": "US Bureau of Labor Statistics (via FRED)",
        "original_source": null,
        "source_type": "primary",
        "quote": "PCU335311335311 index: 2020-01 = 255.5; 2026-09 = 475.065"
      },
      "sources": [
        {
          "url": "https://fred.stlouisfed.org/series/PCU335311335311",
          "title": "FRED / BLS: PPI by Industry: Electric Power and Specialty Transformer Manufacturing (PCU335311335311)",
          "accessed": "2026-11-09"
        }
      ],
      "verifiedAt": "2026-11-09",
      "featured": false
    }
  ]
}
