The partial discharge detecting method using the ultrasonic technique has been investigated to monitor the insulation ageing of a transformer. However, the result of the studies on the ultrasonic technique for detecting of partial discharge in the operating transformer is not enough yet to utilize. This paper presents the analysis of the ultrasonic signals due to the partial discharge in a model transformer and the corona in air at a shielded high voltage room. In addition, the ultrasonic signals due to the vibration from the core, operation of the cooling pump, the fan and the OLTC at the 345㎸ power transformer, were analyzed and corona noise from overhead transmission line in 345㎸ substation were measured to remove the electrical and mechanical noises from the transformer. Furthermore, ultrasonic signal due to the partial discharge in the 154㎸ power transformer with in $C_2$$H_2$ gas warning condition was measured. The inside of the transformer was examined with care. which confirms the existence of the partial discharge source.