I think the point is just generally pretty efficient. If you are interested in technicalities: - 5-15% loss in power transporting energy [1] - 30-40% efficie

I think the point is just generally pretty efficient. If you are interested in technicalities: - 5-15% loss in power transporting energy [1] - 30-40% efficiency of natural gas turbines (where most power comes from, 2nd highest is coal; which is worse)[2] - 80% efficiency induction heating [3] - in all likelihood (haven’t done math). The heat lost from wood stove cooking heats your house and cooks your food with a renewable resource. It’s likely more efficient than induction. [1] http://insideenergy.org/2015/11/06/lost-in-transmission-how-much-electricity-disappears-between-a-power-plant-and-your-plug/ http://insideenergy.org/2015/11/06/lost-in-transmission-how-... [2] https://www.brighthubengineering.com/power-plants/72369-compare-the-efficiency-of-different-power-plants/ https://www.brighthubengineering.com/power-plants/72369-comp... [3] https://ultraflexpower.com/learn-about-induction-heating/efficiency-of-induction-heating/ https://ultraflexpower.com/learn-about-induction-heating/eff...