We don't want to increase the voltage to the point that a core saturates.
For a given coil/core there is a maximum safe voltage just below the saturation knee of the flux curve.
But the inductive reactance increases with increased frequency.
We could say that the safe voltage for a 60 Hz coil to avoid saturation is 120 Volts.
If we express that as 120V/60 Hz or V/Hz = 2, then we can use any frequency and voltage combination that the insulation will withstand. eg: 60 Volts @ 30 Hertz, 240 Volts @ 120 Hertz.
Originally the V/Hz was used to determine safe working voltages for transformers and motors being swapped from 50 Hz to 60 Hz and vice versa.
Now V/Hz is much used in conjunction with VFDs.
It is a maximum and the most efficient voltage.
eg: Running a transformer with a V/Hz-2 at 1/2 voltage will not harm the transformer but will cut the KVA rating in half.
eg: 10 KVA, 240 Volt transformer used at 120 Volts. No harm to the transformer but the safe load is now 5 KVA.
Specifically, a 380 Volt transformer used on 240 Volts will work fine but the new KVA will be 240V/380V x the rated KVA.
Or; If the transformer current is not listed, use Voltage and KVA to calculate the maximum allowable current.
That current times the applied voltage will give you the new VA rating.
I hope that this makes it better, not worse.
Bill
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"Why not the best?"
Jimmy Carter