Is there a relationship between magnetism and energy (electrical)?

As many people know, you can use electrical energy to create magnetism (electromagnets) and you can use permanent magnets to create electrical energy through induction (generators, the rotor inducing the stator). So what is the relationship here? Magnetism is not a form of energy or an energy carrier (of potential energy) from my understanding, so what gives? Where can I start in understanding this relationship? (is there a website or videos to help further assess this?)



Sorry I'm just confused.