Integrating inverter-based resources into power systems increases their complexity, and makes their operation more challenging. The conventional approach for simulating power systems neglects transients of the power grid, using steady-state phasors and considering only fundamental frequency values. However, to accurately predict the dynamic behavior of systems with high shares of inverter based resources, electromagnetic transient simulations (EMTSs) are necessary. The primary limitation of classical time-domain EMTSs is their frequent timeconsuming nature, making them impractical for larger systems. In this work, we explore the use of dynamic phasors (DPs) as a technique to accelerate EMTSs. For this purpose, we first adapt the power grid and inverter model to DP simulation. Subsequently, we assess the effectiveness of this approach through three numerical examples, demonstrating a reduction in the simulation times by a factor of 4 to 40.