I can't believe that I never thought of this.
http://www.exn.ca/dailyplanet/story.asp?id=2005041952...The Induction Heat stove doesn't use gas to cook food, and it doesn't rely on radiant heat like a tradtional electric stove element. In fact, an IH stove's elements don't even get hot! Only the pots that you put on the stove do.
The IH element is a powerful electromagnet that creates a magnetic field. When a magnetic material, like a stainless steel pot, is placed inside the magnetic field, circulating currents are produced within the pot - causing it to heat up. And when the pot heats up, so does the food inside. [continued]