Although the field and currents are shown in one direction, they actually reverse direction with the alternating current in the transformer winding. Eddy currents generate resistive losses that transform some forms of energy, such as kinetic energy, into heat.OverviewIn, an eddy current (also called Foucault's current) is a loop of induced within by a changing in the conductor according to or by the relative. The term eddy current comes from analogous currents seen in in, causing localised areas of turbulence known as giving rise to persistent vortices. Somewhat analogously, eddy curre. The first person to observe eddy currents was (1786–1853), the President of the Council of Ministers of the 2nd French Republic during the brief period from 10 May to 24 June 1848 (equivalent to the current.