This paper deals with the characteristic analysis of 154kV HTS power cable system under fault conditions using PSCAD/EMTDC (Power System Computer Aided Design/Electromagnetic Transients including DC). Before applying the HTS power cable to the real utility, the system needs to be analyzed using certain simulation tools. The resistance of conventional power cables is not changed by fault current. But HTS power cable has some different properties. The impedance of superconductor is dramatically changed along with the current over the critical value, temperature, and magnetic field. PSCAD/EMTDC does not provide the HTS power cable model which includes the same electrical characteristics of real HTS power cable. In order to develop the EMTDC model component of 154kV class HTS power cable, the authors have manufactured a 1/58 HTS model power cable and experimented under several types of fault conditions. The measured characteristics of the model cable, resistance and temperature variation, were used to develop the HTS power cable model component in EMTDC. Using this model component, HTS power cable system was analyzed under the fault conditions. The simulation results of fault current, temperature and resistance variation of HTS power cable are described in detail, and how to apply the characteristics of HTS power cable in the simulation tool is also discussed in order to demonstrate the effectiveness of the proposed model component of 154kV class HTS power cable.