Described herein are fault current limiters including an input terminal for electrically connecting to a power source that provides a load current, and an output terminal for electrically connecting with a load circuit that draws the load current. The fault current limiters include a magnetically saturable core including at least one coil receiving limb disposed intermediate at least two return limbs, wherein the limbs longitudinally extend between at least two yokes, and wherein the at least two yokes and the at least two return limbs define at least a portion of one or more magnetic flux return paths for the at least one coil receiving limb. The fault current limiters further includes at least one AC coil disposed about the at least one coil receiving limb for carrying the load current between the input terminal and the output terminal. The fault current limiters also includes a magnetic biasing system for magnetically biasing the core such that, in response to one or more characteristics of the load current, the at least one AC coil moves from a low impedance state to a high impedance state.