In this paper, a novel Pulsed-Width-Modulated (PWM) half-bridge High Speed Drilling Electrical Discharge Machining (HSDEDM) power supply has been developed. This power supply has excellent features that include minimal component count and inherent protection. This topology has an energy conservation feature and eliminates the output bulk capacitors and current limiting resistances. Energy used in the erosion process will be controlled by the switched Insulated Gate Bipolar Transistors (IGBTs) in the half-bridge network and be transferred to the gap between the tool and work-piece. The relative tool wear and machining speed of our proposed topology have been compared with that of a normal power supply with current limiting resistances.