An electric power system and a method of transmitting electric power from a power source to a device via a single-wire electric wire

An electric power system comprising:

• a power source, a frequency converter conductively connected to the power source, a distributive switch having an input and an output, an element being configured for storing electric energy, a circuit conductively connecting the frequency converter, the element and the distributive switch, a first electric wire having a first end conductively connected to the at least one output, and a second end conductively connected to a first reflective element, a first device conductively connected to the first electric wire between the first end and the second end, a second electric wire having a third end and a fourth end, the third end being conductively connected to the output and the fourth end being conductively connected to the second reflective element, and the frequency converter being configured to transform a current generated by the power source into an increased frequency AC current for powering the first device.