Interesting idea, but do you know if they use an otherwise unused wire pair? My guess is that they might, and use it as a sense line at microamps to detect 12V on the far end, and raise the source voltage only by enough to overcome the cable loss. If they do, the efficiency will still be low, but it could be ok for a critical requirement for 12V. (Which is what I think they might be aiming to provide for).



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