Abstract: A system for converting gas flowing at variable flow rates and pressure to gas flow at a load dependent flow rate and a regulated pressure. A valve member operable in only two stable states (fully open and closed) by valve actuation means, said valve actuation means being interposed between an input manifold adapted to carry volumes of gas flow at variable flow rates and pressure and an output manifold adapted to carry gas flow at a predetermined constant pressure; a reservoir/accumulator in open connection to said output manifold for temporary storage of portions of said gas flowing through said output manifold; pressure sensing means for monitoring the pressure of the gas flow through said output manifold; and electronic processing means connected to said gas pressure sensing means for activating said valve actuation means in one of its two bi-stable states, depending upon the gas pressure sensed in said output manifold.