Charcoal has about twice the energy per pound/kg as air dried wood. So if the conversion of wood to charcoal is 1:4 by weight you would think half the energy is lost.
Water drip can restore some of the energy balance and charcoal is a much easier, denser fuel. Most people have more spare wood than spare engines to tar up. So I wouldn’t sweat the energy loss. The engine is wasting 70-75% of the fuel as exhaust heat already! What matters is practical, reliable, compact power and on that front char-gas over has some real advantages over wood-gas.
All that said - my head’s been turning over ideas for more efficient, quasi “internal” charcoaling. So far the designs add more complexity than they are worth but I haven’t given up. I still think torrefaction / low temp charcoaling using waste heat has some promise.