Yes, but the name "ignition" is very useful.

The idea, ultimately, is that like with a wood fire, the energy from the fuel "burning" is what starts the next bit of fuel "burning", and then as it runs on it's own as long as you keep giving it more fuel, you collect the excess heat by boiling water.

So, similar to a wood fire, you might need to use a blowtorch to get it started, and run at a net negative of energy, but the exciting thing is that there was a little flame... that means we can probably make a roaring fire out of it.