A power supply programmable for a constant current mode and a constant voltage mode and selectively operable in either mode. Respective circuits associated with each of a constant voltage loop and a constant current loop track a control voltage of the other loop when the other loop is operating closed loop and maintains a control voltage of the open loop at a tracking offset value from the control voltage of the closed loop, allowing the open loop to rapidly assume control of the power supply during a mode transition. The tracking offset value is briefly increased during a mode transition to interrupt oscillation tendencies, resulting in faster mode cross-over and reduced overshoots, while maintaining stability.
