The document describes an electric power supply system that allows for fast switching between two power source systems to supply power to a load. The system includes two switching apparatuses, each connected to one of the power source systems. Each switching apparatus contains a pair of thyristors connected in anti-parallel and a mechanical switch connected in parallel. The thyristor switches conduct current during switching between power sources to enable fast switching without power interruption, while the mechanical switches conduct current during normal power supply to minimize power losses. This reduces operating costs by minimizing power losses during conduction and eliminates the need for cooling devices for the thyristor switches.