Visible light is electromagnetic field energy where the wavelength is 10
-7 meters. Radar is electromagnetic wave energy where the wavelength is 10
-2 meters. Utility power is electromagnetic wave energy where the wavelength is near 10 million meters. Lenses can direct light energy; waveguides can direct radar energy; and copper conductors can direct the energy at power frequencies. Thus, we direct energy flow at different frequencies by using different materials. We have learned how to control where we want the field energy to go.
If we accept the idea that fields carry energy in space, it must be true at all frequencies. That is the law. If it is true for light, it must also be true for 60Hz power and at DC. For utility power, the energy travels in the space between conductors, not in the conductors. This is not the picture presented by circuit diagrams, where energy seems to be carried by conductors. In digital circuits, the signals and energy travel in the spaces between traces or between traces and conducting surfaces.
Buildings have halls and walls. People move in the halls, not the walls. Circuits have traces and spaces. Signals and energy move in the spaces, not in the traces.