An electric power generating system, EPGS, (60, 108, 130, 170) for providing both a regulated alternating current output and a regulated direct current output, the EPGS comprising: a rotating portion (62, 132, 172) having components connected for rotation by a common shaft, the rotating portion comprising: permanent magnets (68, 138, 178); exciter armature windings (70, 140, 180); a rotating rectifier (72, 142, 182) connected to receive the output of the exciter armature windings; and a main generator field winding (74, 144, 184) connected to be supplied by the rotating rectifier; a stationary portion comprising: a plurality of windings that include permanent magnet generator armature windings (78, 148, 196), an exciter field winding (84, 158, 204), and first main generator armature windings (86, 114, 118, 160, 206); a first voltage regulator (82, 152, 202) that controls excitation provided to the exciter field winding; a first rectifier (90, 116, 162, 208) that converts AC from the first main generator armature windings to DC; an inverter (96, 164, 212) that converts the DC from the first rectifier to the regulated AC output; and a first point-of-regulation, POR, sensor (94, 170, 210) for providing control output to the voltage regulator; the stationary portion comprising circuitry (92, 122, 152, 194) for producing the regulated DC output from AC voltage produced by a winding (88, 118, 120, 148, 196) other than the first main generator armature windings, characterized in that said winding comprises second main generator armature windings (88, 118, 120) for generating an AC output, and in that the EPGS 60 108) further includes: a second rectifier (92, 122) for converting the AC output provided by the second main generator armature windings to the regulated DC output, wherein the first voltage regulator controls excitation provided to the exciter field winding based on monitoring by the first POR sensor of the DC output provided by the second rectifier. a rotating portion (62, 132, 172) having components connected for rotation by a common shaft, the rotating portion comprising: permanent magnets (68, 138, 178); exciter armature windings (70, 140, 180); a rotating rectifier (72, 142, 182) connected to receive the output of the exciter armature windings; and a main generator field winding (74, 144, 184) connected to be supplied by the rotating rectifier; permanent magnets (68, 138, 178); exciter armature windings (70, 140, 180); a rotating rectifier (72, 142, 182) connected to receive the output of the exciter armature windings; and a main generator field winding (74, 144, 184) connected to be supplied by the rotating rectifier; a stationary portion comprising: a plurality of windings that include permanent magnet generator armature windings (78, 148, 196), an exciter field winding (84, 158, 204), and first main generator armature windings (86, 114, 118, 160, 206); a first voltage regulator (82, 152, 202) that controls excitation provided to the exciter field winding; a first rectifier (90, 116, 162, 208) that converts AC from the first main generator armature windings to DC; an inverter (96, 164, 212) that converts the DC from the first rectifier to the regulated AC output; and a first point-of-regulation, POR, sensor (94, 170, 210) for providing control output to the voltage regulator; a plurality of windings that include permanent magnet generator armature windings (78, 148, 196), an exciter field winding (84, 158, 204), and first main generator armature windings (86, 114, 118, 160, 206); a first voltage regulator (82, 152, 202) that controls excitation provided to the exciter field winding; a first rectifier (90, 116, 162, 208) that converts AC from the first main generator armature windings to DC; an inverter (96, 164, 212) that converts the DC from the first rectifier to the regulated AC output; and a first point-of-regulation, POR, sensor (94, 170, 210) for providing control output to the voltage regulator; the stationary portion comprising circuitry (92, 122, 152, 194) for producing the regulated DC output from AC voltage produced by a winding (88, 118, 120, 148, 196) other than the first main generator armature windings,