This work is devoted to possible implementation of tunable magnetic devices in electrical systems with adaptive properties. The basic idea, underlying operation of the presented magnetic device, depends on interaction of two (or more) magnetic fluxes in a quasi-linear range of ferromagnetic core characteristics. This is a new approach to the design of such magnetic elements; typically, saturation phenomenon of the ferromagnetic core of an inductor is used to change a value of its inductance. The good examples of adaptive electrical power systems can be devices for improving a quality of electrical energy. When used in compensators of reactive and a distortion power (or a reactive power only), tunable magnetic devices clearly offer wider possibilities for the compensation, compared to solutions, using compensators based on fixed magnetic elements. However, the application of the proposed tunable device in an adaptive compensator is only one example of its possible use in an electrical power area. In this work, the following issues are presented: exemplary solution of the adaptive passive compensator, basics of operation of tunable magnetic device, and test results of the experimental model of an electrical system with such a device.