Orient the ring's area normal with positive external magnetic flux. Faraday's law gives the applied electromotive force
The ring's self-inductance opposes changes in its electric current. With positive electrical resistance , Kirchhoff's voltage law therefore gives . Define . The periodic steady state is
The second result follows from Joule heating, , and . For unspecified initial conditions, add a transient ; the displayed time average is over the periodic steady state after that transient has decayed. The inductor temporarily stores and returns energy, with no net storage change over one complete cycle.

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