I believe this is the real deal, but only for those with some foundations in AC circuit theory. I will see how things relate to what I am investigating.
@Carrock.
I am trying to reduce AC circuit to DC circuit "instantaneously".
I don't want coaxial cables which complicates things. Say I have a simple ac generator that generates fairly good sinusoidal voltage source at 50 Hz (If possible at all?). I connect a long resistive wire to the terminals in a huge circular loop. When the wire is at thermal equilibrium with the environment, we know that all power will be dissipated as IR radiation loss, purely resistive loss - assume ideally.
So we could always apply ohm's law of I=V/R where R is the resistance of the wire, V the instantaneous voltage. It seems that there will be the usual charge conservation along the wire as if the current is a dc current. The current should be a constant at that moment of consideration.
My setup would eliminate capacitance, inductance etc. Instantaneously, we only have the magnetic fields around the wire which we assume "steady". How is such an analysis.