The invention discloses an intelligent substation virtual-real corresponding method based on SCD analysis and panoramic tags. The method comprises the following steps: S1, exporting optical cable contact tables and virtual terminal tables in different formats in a transformer substation through a design software development interface, converting the optical cable contact tables and the virtual terminal tables into label library files in a unified format by label generation system software, and setting the label library files and SCD files in a system server; s2, simulating implementation objects and operation objects of the transformer substation based on the SCD file, the optical cable contact table and the virtual terminal table; s3, establishing virtual terminal connection lines, and generating corresponding tags for the virtual terminal connection lines to form a transformer substation panoramic tag library; s4, the system APP side obtains the label, inputs virtual terminal connection information and sends the virtual terminal connection information to the system server side; s5, the system server compares the received information with the panoramic label library of the transformer substation, and the SCD file visually resolves information needed in the label library file and sends the information to the system APP terminal for display; label generation system software is used for generating labels of all devices of a transformer substation, corresponding labels of a system APP side are obtained, and through visual analysis of an SCD file, the system APP side can display extracted information in a system server side.