A multi-terminal DC power system includes: a DC network connecting together multiple terminals. Each terminal is represented by one of: a voltage source converter having a capacitor at an interface to the DC network, wherein a difference between a converter-side current and a network-side current charges the capacitor, and a current source converter having an inductor at an interface to the DC network, wherein a difference between a converter-side voltage and a network-side voltage drives current through the inductor. A local controller for each terminal directly controls the converter-side current of each voltage source controller and the converter-side voltage of each current source converter, independent of the terminals, leaving network-side currents and voltages to be determined by the network, resulting in simplified terminal control and avoidance of the need for high-speed communication among all terminals at all times.