The present disclosure relates to a power conversion system comprising a transformer comprising first, second, and third inductive coupling elements, a first power supply arranged to provide a voltage across the first coupling element, a second power supply arranged to provide a voltage across the second coupling element, an output arranged to receive a voltage from the third coupling element. In use, the voltage across the first coupling element and the voltage across the second coupling element are arranged to induce a voltage in the third coupling element. The system also comprises a control arrangement arranged to independently control the operation of the first and second power supplies.