A novel strategy is proposed for the coupling of field and circuit equations when modeling power devices in the low-frequency regime. The resulting systems of differential-algebraic equations have a particular geometric structure which explicitly encodes the energy storage, dissipation, and transfer mechanisms. This implies a power balance on the continuous level which can be preserved under appropriate discretization in space and time. The models and main results are presented in detail for linear constitutive models, but the extension to nonlinear elements and more general coupling mechanisms is possible. The theoretical findings are demonstrated by numerical results.
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