I. Introduction
The smart transformer (ST) becomes a key equipment in power systems with high penetration of distributed energy resources (DERs) [1]. In contrast to traditional transformers, STs not only provide voltage transformation and electrical isolation but also enhance the grid's ability to accommodate DERs [2]. Additionally, STs offer auxiliary services such as reactive power compensation, impedance identification, and fault isolation, making them well-suited for improving system functionality and performance [3], [4].