Abstract-Hybrid multilevel converters are more attractive than the traditional multilevel converters, such as modular converters, because they offer all the features needed in a modern voltage source converter based dc transmission system with reduced size and weight, at a competitive level of semiconductor losses. Therefore, this paper investigates the viability of a hybrid multilevel converter that uses dc side H-bridge chain links, for high-voltage dc and flexible ac transmission systems.Additionally, its operating principle, modulation and capacitor voltage balancing, and control are investigated. This paper focuses on response of this hybrid multilevel converter to ac and dc network faults, with special attention paid to device issues that may arise under extreme network faults. Therefore the hybrid multilevel converter with dc side chain links is simulated as one station of point-to-point dc transmission system that operates in an inversion mode, with all the necessary control systems incorporated. The major results and findings of subjecting this version of the hybrid converter to ac and dc networks faults are presented and discussed.