We propose and analyze a stabilized finite element method for the incompres
sible magnetohydrodynamic equations. The numerical results that we present
show a good behavior of our approximation in experiments which are relevant
from an industrial viewpoint. We explain in particular in the proof of our
convergence theorem why it may be interesting to stabilize the magnetic eq
uation as soon as the hydrodynamic diffusion is small and even if the magne
tic diffusion is large. This observation is confirmed by our numerical test
s. Mathematics Subject Classification (1991): 76W05, 65M12, 65M60.