Magnetic Induction: A loop or coil of conductive material like copper, carrying an alternating current (AC), is a very efficient structure for generating or capturing a magnetic field. If a conductive loop is connected to an AC power source, it will generate an oscillating magnetic field in the vicinity of the loop. A second conducting loop, brought close enough to the first, may “capture” some portion of that oscillating magnetic field, which in turn, generates or induces an electric current in the second coil. The current generated in the second coil may be used to power devices. This type of electrical power transfer from one loop or coil to another is well known and referred to as magnetic induction. Some common examples of devices based on magnetic induction are electric transformers and electric generators.