Haven't watched the video yet, is the point basically: energy flows in the fields around/between wires? Because that's pretty accurate.
Do mind it's worth bringing some skepticism to Derek's videos these days -- three reasons:
1. Just because, of course; try not to take things at face value, but understand what relationships or motivations might underlie a claim.
2. YouTube revenue. He's quite open about this, tuning everything from content to thumbnail to optimize viewership. This isn't necessarily a bad thing -- greater viewership and a good explanation introduce more people to a technical subject. But it does affect how the subject is presented, more sensationalized perhaps, creating drama from academic disagreement, etc. (And also not that this has specifically happened -- just that it's something to beware of.) And of course, the major downside of popular science presentation, the explanations can be oversimplified, and the content very shallow, so it may not even be all that useful if you want to get into the subject. (But that's an audience problem -- it's an introductory video, you're simply looking in the wrong place if you want depth. Can't have everything, unfortunately.)
3. Corporate sponsorship, when applicable. The criticism of his recent driverless car video is particularly apt. Look for similar patterns in, well, anything you consume, of course: we can especially place blame in this case when the channel's byline is "an element of truth", but in general, anywhere you see noncritical presentation or acceptance of facts, especially when the presenter may have a vested interest in the subject (sponsorship is a fine example!), keep your guard up. Let alone possible omitted facts -- these can be hard to spot without broad knowledge in a subject, and so are an common strategy.
Tim