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Industry

U.S. power grid key equipment 'transformer' in short supply; import reliance 80 percent, lead times up to 5 years

The U.S. hydropower industry is struggling to replace and upgrade equipment due to difficulties procuring large power transformers, a report said. The analysis by the National Renewable Energy Laboratory identified nine key issues, including about 80 percent import reliance for critical raw materials and limited global capacity for ultra-high-voltage transformers. Lead times range from 2.5 to 3 years and can reach 5 years, while prices have risen about 80 percent since 2021.

Telecommunications & Media

Korean radio squeezed by global platforms, calls grow for integrated audio platform

As the influence of global platforms such as YouTube and Spotify spreads into South Korea’s audio market, participants at a National Assembly seminar called for an integrated platform to unify radio content and data that are currently split by broadcaster. They urged integrating production and digital capabilities and building a data-driven industry base to improve listener access. Speakers also called for legalising digital radio access rights and overhauling advertising rules.