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The solid-state transformer (SST), which has been regarded as one of the 10 most emerging technologies by Massachusetts Institute of Technology (MIT) Technology Review in 2010, has gained increasing importance in the future power distribution system. This paper presents a systematical technology review essential for the development and application of SST in the distribution system. The state-of-the-art technologies of four critical areas are reviewed, including high-voltage power devices, high-power and high-frequency transformers, ac/ac converter topologies, and applications of SST in the distribution system. In addition, future research directions are presented. It is concluded that the SST is an emerging technology for the future distribution system.