Power play-electrical

Much more beautiful in practice than name..."ON LOAD TAP CHANGER" schematic and arrangement.

A shunt reactor is a device that absorbs reactive power, thereby increasing the energy efficiency of the system. The main function of the shunt reactor is to stabilize the voltage during load variations. It is a compact device commonly used for reactive power compensation in high-voltage transmission lines. A traditional shunt reactor has a fixed rating (fixed shunt reactor) and is either connected to the power line all the time or switched in and out, depending on the load.
Factors driving the shunt reactor market include augmentation and modernization of the transmission and distribution (T&D) network, rise in the number of alternative renewable energy programs in emerging economies, and upgradation of ageing technology in developed nations. The growing demand for electricity, coupled with increasing investments in advanced T&D networks, is expected to drive the growth of the global market. The market is projected to reach $2.72 Billion by 2019, growing at a CAGR of 8.2% from 2014 to 2019.