Recent hybrid simulators (or co-simulators) of the electric power system are focused on scientific and research features to propose and develop novel and more accurate simulators. The present paper demonstrates one more hybrid modelling approach based on application and combination of three modeling approaches all together: physical, analog and digital. The primary focus of the proposed approach is to develop the simulation tool ensuring such vital characteristics as three-phase simulation and modeling of a single spectrum of processes in electric power system, without separation of the electromagnetic and electromechanical transient stages. Moreover, unlimited scalability of the electric power system model and real-time simulation to ensur...