A power conversion apparatus for converting AC power supplied from an AC power source to DC power includes an AC-DC conversion circuit connected with the AC power source at an input end thereof for converting the AC power to DC power, a DC-DC conversion circuit connected with an output end of the AC-DC conversion circuit at an input end thereof for converting DC voltage level of the DC power generated by the AC-DC conversion circuit, a smoothing capacitor parallel connected to the output end of the AC-DC conversion circuit and the input end of the DC-DC conversion circuit, a DC link voltage detector for detecting a voltage of the smoothing capacitor as a DC link voltage, and a control unit for controlling operation of the DC-DC conversion circuit. The control unit suppresses an output power of the DC-DC conversion circuit, if the DC link voltage is smaller than a predetermined value.