Since any circuit is linked by its own magnetic flux, Faraday’s Law requires that a self-induced emf be generated any time the current in a circuit changes in time:
where L is the self inductance of the circuit:
The self inductance depends only on the shape of the circuit - never on the current.
It is possible to shape a circuit so as to dramatically increase its self inductance. For example, wrapping wire into a coil of length d and area A with N turns produces an air-core soleniod with inductance
Actually, this formula is only correct for very long solenoids.
The current in one circuit can induce currents in remote circuits whenever magnetic flux of one links the other.
when the current is increasing, and
when the current is decreasing. In each case, t = L/R.
A region of space containing a magnetic has an energy density given by
The energy in an oscillating LC circuit continuously transforms between energy stored in the inductor and energy stored in the capactor. If there is no resistance and if we may neglect radiation of electromagnetic energy (not a very good approximation at high frequencies), the total energy stored in the circuit remains constant: