From Quora:
This is what happens when you run it without a load. At first, everything is fine because the cavity, the door, the tray (or shelf) absorb the excess energy. Things will start to get hot, but it's not critical yet. After a few minutes, something will start to get really hot and the excess energy? It starts reflecting back into the magnetron (the device that provides the microwave energy) and that starts to heat up too. If it is designed well enough, it will trip a thermal fuse before anything actually breaks. The thermal fuse can be resettable, but usually not. You will need to replace this fuse if the oven no longer works.
If the oven is designed poorly, you'll experience what is called "thermal runaway". At this point, some random location in the oven will begin to superheat. And by super heat, I mean hot enough to liquefy porcelain. This will continue until something finally gives out. It could be a breaker tripping, a standard fuse blowing, or in the worst case, the insulation on the wiring or the plastic components might literally burst into flames consuming everything flammable until the oven finally loses power.
Don't do this. Some ovens should not be operated when empty. Refer to the instruction manual for your oven. I would not ignore this instruction, issued by the FDA.
Also you would be wasting money, and I would guess there is some kind of limiter built in as hyportnex says, BUT it's not worth the risk.
But you could do this experiment instead, and eat the results.
Image source: Measure the speed of light using chocolate
Use a bar of chocolate to check that the speed of light is 300,000 km/s, rather than let all that energy go to waste.
Apologies if you know this already.
Measure the distance between the melted spots, after they have formed and then double it to get the wavelength of the microwave radiation. The wave frequency is around 2.45 gigahertz.
Velocity of light = wavelength x frequency
The distance between each melted spot should be around 6 cm.
6 x 2 x 2450000000 = 29400000000 cm/s, pretty close to the speed of light.