Transformer Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
HPS.A | C | Hammond Power Solutions Inc. | 4.08 | |
HMM.A | C | Hammond Manufacturing Company Limited | 1.24 | |
CUP.U | C | Caribbean Utilities Company, Ltd. | 1.61 |
Related Industries: Asset Management Electrical Equipment & Parts Utilities - Regulated Electric
- Transformer
A transformer is a static electrical device that transfers electrical energy between two or more circuits. A varying current in one coil of the transformer produces a varying magnetic flux, which, in turn, induces a varying electromotive force across a second coil wound around the same core.
Electrical energy can be transferred between the two coils, without a metallic connection between the two circuits. Faraday's law of induction discovered in 1831 described the induced voltage effect in any coil due to changing magnetic flux encircled by the coil.
Transformers are used for increasing or decreasing the alternating voltages in electric power applications, and for coupling the stages of signal processing circuits.
Since the invention of the first constant-potential transformer in 1885, transformers have become essential for the transmission, distribution, and utilization of alternating current electric power. A wide range of transformer designs is encountered in electronic and electric power applications. Transformers range in size from RF transformers less than a cubic centimeter in volume, to units weighing hundreds of tons used to interconnect the power grid.
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