Thermoelectrics: Free power for cars

"Technology Review" has an interesting article about finding a way to conserve energy, and use it to generate electrical power to run cars’ systems.
As much as 70 percent of the fuel energy burned up in car engines doesn't go toward moving the vehicle along or powering the CD player, he said. Instead, it's dissipated as waste heat. Stabler says a new generation of thermoelectric materials can convert heat to electricity well enough to be used for taking the burden of electricity generation off the engine, thereby saving fuel.
If the next generation of thermoelectric materials can be manufactured inexpensively, they could be used in more demanding applications. Wrapped around a car's exhaust pipe, for instance, they could harvest waste heat to produce electricity. Initially, this electricity might be used to supplement the electricity generated by the vehicle's alternator, making it possible to run more electrical devices without adding more strain to the engine.
Foursprung, Thermoelectrics
Source: Technology Review via Jalopnik
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