Picture this: you are using a wye-grounded primary, delta secondary transformer with the delta secondary having no loading at all. The neutral is derived from the grounded wye-point of the primary. The possible full neutral current of 200A on your load side passing the neutral conductor and entering at the neutral point of the transformer will be shared equally by the three phases of the transformer
Thank you for this comment, it took some thinking to believe. It is interesting to contrast the two different ways to use a 480D : 480Y/277V transformer to supply a 277V load from a 480D 3-wire source.
One way is to use it as an isolation transformer. Then if you have a 1A load on the secondary L-N, it draws 1/sqrt(3) A on two of the primary conductors. You need to size your transformer for all the VA of your L-N loads, or rather 3 times the VA of the most loaded phase.
Another way to use it is as you described. The key here is that with the delta side of the transformer unconnected, any current in one of its coils must equal the current in each of the other coils; the current can only go in a loop. That in turn means that the current in any coil on the wye side must equal the current in each of the other coils on the wye side. I.e. as you say, any neutral current that comes into the center point divides evenly among the 3 coils.
In this configuration, if you have 1 A connected L-N, that 1A from the neutral divides into 1/3A on each of the 3 coils, and then on the supply side of the transformer, you end up with currents of 2/3A, 1/3A, and 1/3A on the three line conductors.
As you say, in this configuration you only have to size the transformer for the worst case unbalanced current on the neutral. I.e. if you have (8) identical 1A L-N loads, and you distribute them as balanced as possible, the worst case neutral current is 3A, or 1A on each coil. So you'd only need a 277V * 1A * 3 = 831 VA transformer. Versus the isolation transformer sizing for the same load arrangement of 277V * 3A * 3, or 3 times larger.
Moreover, if you had an arbitrary number of 1A L-N loads, and you are able to arrange that as they turn on and off, the active loads are always as balanced as possible, now the worst case unbalance current is 1A, and you only need a 277 VA transformer. Whereas in the isolation transformer arrangement, the required size of the transformer scales linearly with the number of loads supplied.
Cheers, Wayne