Ring Current Energy Input and Decay Kozyra, J. U. and M. W. Liemohn Comprehensive models, multi-satellite observations and global ENA images have fueled a new understanding of ring current energy input and decay processes. During intervals of strong storm-time convection, plasma sheet particles move deep into the inner magnetosphere on open drift paths, making one pass before being lost at the dayside magnetopause. As the convection field weakens, these ions are trapped at low L values to form the storm-time symmetric ring current. Major issues in ring current build-up revolve around the relative roles of convection and induction electric fields on ring current energy input, modifications in the injection due to shielding and penetration electric fields, the role of plasma sheet density and temperature variations in modulating the energy input, the contribution of direct ionospheric injection, and the impact of the saturation of the polar cap potential in limiting the energy input during extreme events. There are two major ring current loss processes: "flow-out" loss and charge-exchange collisions. During "flow-out" loss plasma sheet dynamics are coupled to ring current evolution through the existence of a significant percentage of ions moving along open drift paths from the magnetotail into the inner magnetosphere. Major issues related to ring current decay processes include: the relative importance of charge-exchange and flow-out losses during the recovery phase of a variety of storms, processes that cause two-phase decay, the relationship to solar wind drivers to the decay, the details of ring current trapping in response to a decreasing solar wind southward IMF Bz, and the impact of high O+ content on the time-scales for loss. Other losses (Coulomb collisions and wave-particle interactions) contribute only a small (~ few percent) amount of the decay but are extremely important to thermal plasma dynamics. Potential new loss processes in the literature are associated with the interchange instability, magnetopause compressions, and scattering of ions in stretched magnetic fields. Each of these topics will be briefly discussed. _______________ To be presented at the Magnetospheric Imaging Workshop, Yosemite National Park, California, U.S.A., Feb. 5-8, 2002.