A power switching assembly for switching power in a power distribution bus, and a power distribution system including such a power switching assembly, are disclosed. The power switching assembly includes a first terminal, a second terminal, a first semiconductor element and a second semiconductor element electrically coupled between the first terminal and the second terminal to provide controllability of a current flow from the first terminal to the second terminal and from the second terminal to the first terminal A controller for controlling the semiconductor elements may be configured to implement one or more of various control schemes such as a breaker, a current limiter, a load balancer, and a precharging device.