I've revised the procedure and will proceed at the weekend.
Going to use a thick film (or maybe a ceramic wirewound resistor) strapped to a heatsink with an attached thermocouple to measure the temperature of the part itself in order to estimate the efficacy of the coolants.
I'll the resistor from the bench supply in serial mode which can deliver up to up to 6A at 30V (Or 3A at 60V in parallel mode: either way that's 180W

That doesn't seem like a lot when it comes to heating actually: we shall see if it's enough!)
I'll be doing this at the weekend once I get my boiler put in so that the ambient temperature isn't 5
oC (no seriously, there was frost on the INSIDE of the double glazing earlier in the week! Who'd have thought the world would seem so backwards when your boiler dies!)
--EDIT--
Aim:
To quantify the differences in efficacy of various materials in passive cooling: specifically the differences between oils and PCMs (Phase-Change Materials).
Hypothesis:
A conventional oil-based coolant will increase linearly with constant thermal input: while a PCM will increase linearly to the phase transition point and then continue to absorb heat while not actually increasing in temperature until the phase change is complete, allowing for a higher total thermal capacity than an equivalent volume of liquid-phase material.
Procedure:
Preparation:
Wax/Solid Coolant:
1. Place borosilicate beaker on soapstone plate or hotplate as per procedure
2. Place thermocouples as per Figure 1
3. Weigh 100g of test material into test setup using additive measuring.
4. Heat mixture to liquid while stirring to ensure homogeneity
5. Allow to cool to room temperature
6. Continue as per procedure
Oil/Liquid Coolant:
1. Place borosilicate beaker on soapstone plate or hotplate as per procedure
2. Place thermocouples as per Figure 1
3. Weigh 100g of test material into test setup using additive measuring.
4. Allow to cool to room temperature
5. Continue as per procedure
Emulsion Coolant:
1. Place borosilicate beaker on hotplate as per procedure
2. Weigh fluid component (oil) of test mixture as per %w/w of intended emulsion using additive measurement: +10%
3. Weigh solid component (wax) of test mixture as per %w/w of intended emulsion using additive measurement: +10%
4. Ensure the mass of added material is 110g
5. Heat fluid to liquid while stirring to ensure homogeneity
6. Place borosilicate beaker on soapstone plate or hotplate as per procedure
7. Place thermocouples as per Figure 1
8. Weigh 100g of heated test material into test setup using additive measuring.
9. Allow to cool to room temperature while stirring to ensure homogeneity
10. Continue as per procedure
Procedure A: aims to measure a temperature profile for the material under test. 100g of material will be placed in a beaker and heated via hotplate. A thermocouple will be used to measure the temperature near the centre of the beaker during heat transfer, and a second thermocouple will be used to estimate the temperature of the hotplate.
1. Carry out preparation specific to test material
2. Ensure ambient temperature of mixture
3. Begin temperature logging
4. Begin heating mixture on medium heat using hotplate
5. Continue heating until a temperature of 250
oC is reached OR the mixture begins to boil
6. Remove heating and allow to cool to ambient temperature
Procedure B: aims to measure the efficacy of the material under test in dissipating heat from a part. 100g of material will be placed in a beaker and heated via a heatsink-coupled thick-film resistor in a TO-220 style package. A thermocouple will be used to measure the temperature of the part while a second thermocouple is used to estimate the temperature of the coolant. A constant current source will be used to provide a constant power input to the solution.
1. Carry out preparation specific to test material
2. Ensure ambient temperature of mixture
3. Place non-flammable insulating wool (ceramic) over test setup
4. Begin temperature logging
5. Set voltage/current source
6. Begin voltage/current logging
7. Apply power to resistive element
8. Continue heating until a temperature of 250
oC is reached OR the mixture begins to boil
9. Remove heating and allow to cool to ambient temperature
Interpretation of results:
Procedure A Results:
Plot temperature (mixture) and temperature (hotplate) against time: estimate thermal capacity and note any transition points.
Procedure B Results:
Plot temperature (mixture) and temperature (heating element) against time: estimate temperature rise against input power.