The invention provides a remote intelligent inspection system for transformer substations and an implementation method of the inspection system, and belongs to the technical field of video monitoring. The system comprises a white-light pan-and-tilt camera, an infrared thermal imaging camera, a high-fidelity pickup, a network switch, a comprehensive monitoring host, an intelligent analysis host, a network hard disk video recorder, a transformer substation data communication network, a remote master station server, a user computer and a printer. The implementation method includes the steps: when the system operates, firstly, compiling inspection differentiation forms according to inspection specifications of national grid transformer substation devices; sequentially combining various inspection scenes, making an inspection route meeting display requirements, designing selecting principle of the devices, and selecting rational positions; identifying and analyzing device correlation images obtained by inspection by the system, outputting analysis results, and automatically generating inspection reports; printing inspection reports of designated time by operation and maintenance staff, or directly taking inspection route records of the designated time. The remote devices of the transformer substations can be inspected without reaching the transformer substations.