Simplified modeling of a spacecraft power system is proposed to predict the conducted electromagnetic compatibility (EMC) environment. A key element of the spacecraft conducted environment is the electrical power subsystem, which corresponds to the power source. Since the impedance of the power source has a significant effect on conducted interference, the assessment of power bus impedance is essential to control and manage spacecraft EMC. In the proposed model, all components inside the power system were modeled as simple equivalent circuits with lumped elements. The advantage is that it simplifies the complex power system so that its impedance can be quickly obtained at the early stage of spacecraft system design and development. The model is validated by comparing the calculated results with experimental data. The comparison results between simulation and experiment showed good agreements.