My doubt will sound silly but I am going to ask it anyway.
Why is leakage flux represented as inductance in the equivalent circuit of the transformer?
As leakage flux increases, efficiency of the transformer decreases as a portion of the leakage flux may induce eddy currents within nearby conductive object such as the transformers support structure, and be converted to heat.
When represented as inductance, it only represents reactive power loss.
Shouldn't it also be represented as an inductor in series with resistor where the resistor will represent the active power loss?
Also, is the leakage flux a good thing as it reduces the fault MVA level?
Please clarify this, I am really confused.