1 Introduction
Magnetic bearings (MBs) have been recognized by industry [1] to have the required attributes, which allow them to be used in applications where traditional bearings and their associated lubrication requirements are impractical. Additionally, as. they operate without contact between the rotating shaft and the stationary + bearing elements, frictional losses are minimized. But there are some rotational losses due to induced eddy currents. This greatly facilitates the high speed operation of rotating machines, and significantly reduces problems occurring when contact bearings are used.