Systems and methods for improved Variable Speed Drives are provided. One embodiment relates to apparatus for common mode and differential mode filtering for motor or compressor bearing protection when operating with Variable Speed Drives, including conducted EMI/RFI input power mains mitigation. Another embodiment relates to a method to extend the synchronous operation of an Active Converter to the AC mains voltage during complete line dropout. Another embodiment relates to an Active Converter-based Variable Speed Drive system with Improved Full Speed Efficiency. Another embodiment relates to a liquid- or refrigerant-cooled inductor. The liquid- or refrigerant-cooled inductor may be used in any application where liquid or refrigerant cooling is available and a reduction in size and weight of a magnetic component is desired.