Recent hybrid simulators (or co-simulators) of the electric power system are focused on scientific and research features to propose and develop novel and more accurate simulators. The present paper demonstrates one more hybrid modelling approach based on application and combination of three modeling approaches all together: physical, analog and digital. The primary focus of the proposed approach is to develop the simulation tool ensuring such vital characteristics as three-phase simulation and modeling of a single spectrum of processes in electric power system, without separation of the electromagnetic and electromechanical transient stages. Moreover, unlimited scalability of the electric power system model and real-time simulation to ensure the opportunity of data exchange with external devices have been considered. The description of the development of the hybrid model of back-to-back HVDC link based on the proposed approach is discussed and analyzed. To confirm properties of the mentioned hybrid simulation approach and hybrid model of back-to-back HVDC link, the simulation results of the interconnection of non-synchronously operating parts of the electric power system; power flow regulation; dynamic response to external fault and damping of power oscillation in electric power system are presented and examined. Moreover, to confirm the adequacy of the obtained results, the comparison with a detailed voltage source converter HVDC model (Simulink Matlab) and Eurostag software are introduced.
