A power conversion system according to the present disclosure includes a plurality of power converters for performing power conversion on AC power and is connected to a power grid of multi-phase power that is a combination of multiple alternating current sources with mutually different phases. Each of the plurality of power converters includes a power converter circuit, a setting unit, and a control circuit. The power converter circuit performs power conversion between either DC power or AC power and AC power supplied from any of the multiple alternating current sources. The setting unit selects one of the multiple alternating current sources as a target of the power conversion to be performed by the power converter circuit. The control circuit controls operation of the power converter circuit in accordance with selection made by the setting unit.