There is described a device for controlling an amount of current within a power distribution network by manipulating the amount of magnetic flux in the device and thus the impedance experienced by the power distribution network across the device. This is achieved by winding a plurality of coils about a magnetically permeable core and by providing the device with a magnetically permeable bridge element that is movable between a fully-open position at which the net magnetic flux generated in the core by alternating currents in each coil is zero, and a fully-closed position at which a net magnetic flux is present in the core.