Wirbelstrom
The parallel shunt component on the equivalent circuit diagram is used to represent the core losses. These core losses come from the change in the direction of the flux and eddy currents. Eddy current losses are caused by currents induced in the iron due to the alternating flux. In contrast to the parallel shunt component, the series component in the circuit diagram represents the winding losses due to the resistance of the coil windings of the transformer.