A dynamic over voltage protection OVP system for limiting an output voltage at an output of a voltage regulation system is described. The dynamic OVP system contains an enabling device and an output voltage limiting device which are communicatively coupled to each other. The enabling device detects a load release at the output of the external voltage regulation system and generates an enable signal based on the detection. The output voltage limiting device receives the enable signal and limits the output voltage based on the enable signal. In this way, the voltage fluctuation at the output of the voltage regulation system is reduced when a subsequent load step occurs e.g. when a load is re-connected to the output of the voltage regulation system.