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it seems feasible that loading a CT with a transimpedance amp would pretty much eliminate magnetizing current, while still giving good sensitivity. Never seen this implemented though.
I've done some simulations, and the transimpedance amp will theoretically eliminate magnetizing inductance. However that is only true if the resistance of the secondary is zero. If not, then the voltage created by the secondary current across the winding resistance will cause voltage across the magnetizing inductance which will still cause some magnetizing current. So not perfect, but it can offer dramatic improvements, so long as your burden resistance is much higher than the winding resistance.I'd be very keen to see this circuit - reducing the magnetising current in the transformer would be very impressive - or does the ckt subtract the Imag from the ouput signal? Regards, Orson Cart.