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The development of the power industry necessitates the high-end development of the transformer oil industry.
Published on.
2023-12-13
The rapid development of China's power industry necessitates a high-end approach to transformer oil. Recent acceleration in projects such as West-to-East power transmission, inter-regional power grids, and north-south power supply has driven rapid growth in China's power transmission and distribution equipment industry. Simultaneously, the continuous expansion and upgrading of urban and rural power grids have led to a surge in demand for transformers, making transformer oil one of the fastest-growing lubricant products. The quality of transformer oil directly affects the operation and lifespan of transformers, and its performance requirements continue to increase with transformer advancements.
Sustained expansion of rigid market demand and industrial upgrades have driven product and technological advancements, leading to intensified competition, making the high-end market a focal point and accelerating innovation among lubricant companies to develop high-end products that meet market needs. Currently, mineral oil-based transformer oils dominate both domestically and internationally. Traditional refinery-produced transformer oil faces a significant market gap and quality issues, failing to meet the rapidly growing demands of the power industry. In response, domestic lubricant companies have significantly increased their R&D efforts. In 2004, Sinopec Longcheng Lubricant successfully developed a transformer oil using hydrotreated base oil as a raw material, meeting national standards. This not only broke the long-standing monopoly of cycloalkane-based transformer oils but also achieved internationally advanced levels in R&D. After verification, the product received widespread recognition from experts at the State Grid Corporation of China, the China Electric Power Research Institute, and the Xi'an Thermal Power Research Institute.
China's transformer industry is fiercely competitive, with foreign multinational companies capturing a significant market share. The number of domestic transformer manufacturers is rapidly increasing, and transformer technology is constantly improving. For example, high-voltage motors, as crucial controlled objects, require highly reliable variable frequency drive systems, placing stringent reliability demands on high-voltage rectifying transformers, a core component of high-voltage frequency converters. In 2013, the Chinese high-voltage frequency converter market gradually recovered, leading to varying degrees of growth for different companies in the high-voltage transformer market. This presented both opportunities and challenges for related lubricant companies. In this intense market competition, only by rapidly developing transformer oils suitable for high-end equipment can companies secure a position in the dynamic transformer oil market.
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