Concept:
An inductor stores energy in its magnetic field.
Step 1: If current \(I\) flows through an inductor of inductance \(L\), then energy stored is:
\[
W=\frac{1}{2}LI^2
\]
Step 2: The expression:
\[
\frac{1}{2}CV^2
\]
is energy stored in a capacitor.
Step 3: \(VI\) represents power and \(I^2R\) represents power loss in a resistor.
Therefore:
\[
\boxed{\frac{1}{2}LI^2}
\]