This article introduces and examines a composite magnetic device (call
ed a dI/dt limiter) which functions as a bilevel inductor. For de curr
ents below a designed threshold level, the inductance and resistance o
f the device is quite low. However, the inductance of the device incre
ases dramatically for all currents greater than the threshold level. I
n this article a set of performance equations are derived which descri
be the inductance of the dI/dt limiter as a function of current. The d
ata obtained from these performance equations are compared to the resu
lts of a set of finite element simulations.