Consider a circular loop kept in a time-changing magnetic field. We know, via Faraday Law, that EMF is induced across the loop and hence a current appears in the loop. Let there be some Resistance given in the wire. Then heat will appear in the circuit.
How does heat energy appear in the circuit?
I know that an electric field is generated by a changing magnetic field and my guess is that this generated electric field contains some energy which finally appears as heat. But I am unsure about it.
This is because I know the induced electric field does not have a potential associated with it. So what form of energy is stored in this field, if any?
Please provide an explanation as to :
From where does heat appear in the loop?
If possible please start the energy considerations right from the source which produces the varying magnetic field.