Magnetic energy
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The potential magnetic energy, , of a magnet with a magnetic moment in a magnetic field is defined as the work of the magnetic force on the re-alignment of the vector of the magnetic dipole moment and is equal to: The work is done by a torque : which will act to "realign" the magnetic dipole with the magnetic field.[1]
Magnetic energy of an inductor
In an electronic circuit the magnetic energy, , stored in an inductor (of inductance ) when a current flows through it is given by: This expression forms the basis for superconducting magnetic energy storage. It can be derived from a time average of the product of current and voltage across an inductor.