AC Fundamentals, Circuit and Circuit Theory
The transient currents are associated with the

Changes in the stored energy in the inductors and capacitors
Impedance of the circuit
Applied voltage to the circuit
Resistance of the circuit

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AC Fundamentals, Circuit and Circuit Theory
Poor power factor

Results in more power losses in the electrical system
Overloads alternators, transformers and distribution lines
All of the listed here
Reduces load handling capability of electrical system

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