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An electromechanical energy conversion device is a machine that converts electrical energy into mechanical energy or mechanical energy into electrical energy. The conversion between the two energy forms is achieved through a magnetic field, which acts as the coupling medium between the electrical and mechanical subsystems because of its high energy-storing capacity.

Such a converter may be divided into three main parts:
Electromechanical converters are commonly classified into two groups:
When conversion proceeds from electrical to mechanical energy the device is called a motor. When conversion proceeds from mechanical to electrical energy the device is called a generator.
Both effects occur simultaneously in practical machines. In a motor, current in the rotor or armature conductors interacts with the magnetic field to produce a force on each conductor and hence an electromagnetic torque on the rotor. The rotor then turns and delivers mechanical power through the shaft. Because the conductors move in the magnetic field, an EMF is also induced in them during rotation.

In a generator, the rotor is driven by a prime mover. Motion of conductors in the magnetic field induces an EMF and causes current to flow to the electrical load. The current in the conductors interacts with the field and produces a reaction torque that opposes the prime mover (the machine resists the driving torque when generating).

The principle of conservation of energy states that energy can neither be created nor destroyed; it can only be converted from one form to another. In an electromechanical energy converter the total input energy equals the sum of energy dissipated, energy stored and useful output energy.
For motoring action (electrical → mechanical), the instantaneous power balance may be written as
Electrical input power = Power dissipated in electrical and magnetic losses + Rate of change of stored magnetic energy + Mechanical output power.
For generating action (mechanical → electrical), the instantaneous power balance may be written as
Mechanical input power = Electrical output power + Rate of change of stored magnetic energy + Power dissipated.
The magnetic field stores energy. For a continuous field, the magnetic energy stored in a volume V is
Wm = 1/2 ∫V B · H dv
For lumped magnetic systems or inductances the stored energy may be written as
Wm = 1/2 L i²
or, using flux linkage λ = L i,
Wm = 1/2 λ i
T = ∂W′/∂θ (with currents held constant)
Here W′ (co-energy) is used because it gives a convenient expression when currents are independent variables; using energy or co-energy depends on whether flux linkages or currents are treated as independent.
Consider a conductor of length l moving with velocity v perpendicular to a magnetic field B. The induced EMF along the conductor is e = B l v. If the conductor carries current I in the field, the force on it is F = B I l and the mechanical power developed (or absorbed) is Pmech = F v = B I l v. Since e = B l v, electrical power e I equals mechanical power F v (sign depends on motoring or generating action), demonstrating power equivalence between electrical and mechanical domains apart from losses and stored energy.
The principle of electromechanical energy conversion rests on two fundamental electromagnetic effects - induction of EMF by changing flux and mechanical force on current-carrying conductors in a magnetic field. Magnetic fields act as the coupling medium and store energy; the conservation of energy requires that electrical input (or mechanical input) equals losses plus the rate of change of stored energy plus useful output. Understanding stored magnetic energy, induced EMF and torque relations (including co-energy methods) is essential for analysing and designing electrical machines.
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