-The transient characteristics of the tri-axial High Temperature Superconducting (HTS) power cable are different from those of a conventional power cable depending on whether the cable is under a steady or transient state due to the quench. Verification using simulation tools is required to confirm both the characteristics of the cable and the effect of the cable when it is applied to a real utility. However, a component for the cable has not been provided in simulation tools; thus the RTDSbased model component of the tri-axial HTS power cable was developed, and a simulation was performed under the transient state. The considered properties of model component include resistance, reactance and temperature. Simulation results indicate the variation of HTS power cable condition. The results are used for the transient characteristic analysis and stability verification of the tri-axial HTS power cable. In the future, the RTDS-based model component of the cable will be used to implement the hardware-in-the-loop simulation with a protection device.