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Ester-based dielectric fluids have gained widespread popularity for applications in high voltage apparatus. Synthetic and natural esters have been subjected to research for decades vis-à-vis mineral insulating oils around the world. Although many researchers favor the application of ester fluids, utilities are still uncertain and application of these alternatives remains a challenge. The intent of this survey is to present recent research progress and highlight the state of the art of key aspects that should be emphasized in future research. The contemporary research scenarios pertaining to the performance of ester fluids versus mineral oils, miscibility, and retrofilling of insulating fluids are discussed. In addition, pre-breakdown phenomena, usage of esters in on-load tap changers, environmental and fire resistance properties, and use of esters in cold climates are also discussed. Importantly, challenges and future aspects that should be investigated to improve the existing knowledge of ester dielectric fluids for applications in transformer technology are highlighted.

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