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Power BI desktop can be very slow over an ODBC connection with Postgresql. It can get an out of memory error or use a lot of resources. It can take 10-20 minutes or more to get data from one table with millions of records. Here's a fast way to limit the records and skip the Transform step which can be very time-consuming. Use an SQL statement as the data source.
To edit the SQL statement:
Thanks for all your help people! I hope this helps someone.