The current transformers have a high number of coils on the secondary based on the flux linkage equation
n1I1 = n2I2
These High number of turns behave in two ways to create high voltage in case of sudden open circuit.
a) the voltage across primary id n2V1/n1
b) In case of open circuit , the highly inductive secondary automatically creates a high voltage
= L di/dt.
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Current transformers typically have a very high number of turns on the secondary and a single wire or turn for the primary. They are called current transformers because of they way they are used. The secondary is driven into a relatively low impedance keeping the reflected primary impedance very low as well so the voltage drop on the primary is minimal and you get a nicely scaled voltage on the secondary.
When the secondary is open a few things happen. First it will start to act more like a voltage transformer as long as the primary inductance supports some voltage. Then as the core stores energy. The stored energy will be released as soon as the current stops flowing. Energy is Volts * Time * Current. In an open circuit the current is zero so the voltage can get very high. The Voltage * Time on the secondary inductance will reach a point where the flux in the core is cancelled and it may oscillate until all of the energy is dissipated or the energy may be dumped back to the source - those characteristics depend on the what the circtuit driving the primary looks like.
The short story is that when the circuit is opened , the magnetic field collapses and discharges the electrical energy much like an automotive ignition coil to a spark plug.
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