In order to fulfill the continuous growing grid-side demands, the full-scale power converters are becoming more and more popular in the wind power application. Nevertheless, the more severe loading of the power semiconductor devices in the full-scale power converters, especially during Low Voltage Ride Through (LVRT) operation under grid faults, may compromise the reliability of the system and consequently further increase its cost. In this paper, the impact of various grid faults on a three-level Neutral-Point-Clamped (3L-NPC) grid-converter in terms of thermal loading of power semiconductor devices is highlighted. It has been found that the thermal loading of the phases of the power converter may be uneven and dependent on the different types and severities of grid voltage dips as well as on the chosen control algorithms.