I. Introduction
Power transformer reliability affects both the electric energy availability to the consumer and also the economical operation of the utility. The capital loss of an accidental power transformer outage is often counted in millions of pounds for output loss only, let alone the costs associated with equipment repair or replacement. Because of this economic incentive, preventive tests and on-line monitoring are of benefit to predict incipient fault conditions, and to schedule outage, maintenance and retirement of transformers.