We have performed three-dimensional numerical simulations of the coron
al heating model proposed by Parker (1972,1994) and have studied the s
teady state power balance between Poynting flux (P) and ohmic dissipat
ion (Q). We demonstrate that this power balance exists and how P and Q
scale with the driving velocity, granular coherence time, and loop le
ngth. We show that both P and Q compare well with the Markovian limit
of the order-of-magnitude estimate given by Parker (1983). Our results
further indicate a weak positive-exponent scaling with the Lundquist
(conductivity) number. These results imply that line-tied photospheric
convection can drive large enough current densities in the corona to
make Parker's mechanism feasible.