Backpackers have been using this technique to save fuel - I've got a cozy for my cookpot. I also remember seeing this on one of the Victorian Farm shows - it was something like a pot roast brought to a boil in the morning, then put in a well insulated container to sit for the day. Edit: Whoa, I just clicked through to "The Product" section, and it's an open source design using an Arduino. Super cool!
https://en.wikipedia.org/wiki/Haybox: “A haybox, straw box, fireless cooker, insulation cooker, wonder oven, self-cooking apparatus, norwegian cooker or retained-heat cooker is a cooker that utilizes the heat of the food being cooked to complete the cooking process. Food items to be cooked are heated to boiling point, and then insulated. Over a period of time, the food items cook by the heat captured in the insulated container. Generally, it takes three times the normal cooking time to cook food in a haybox.”