Yes I agree about the thermal energy idea. Any device that gives off heat is wasteful in my eyes. Like a light bulb gives off a great deal of heat, but we are not interested in the heat that is produced only the light, the heat is energy you paid for but are not utilizing so I consider it waste. We waste power everywhere; a lot of machines just let the heat escape into the atmosphere never to be returned. Light, heat, electricity all energy. An electric pump is hot or warm the heat dissipated off of it you paid for on the electric bill! A solar cell uses the photon to create power but if your talking thermoelectric check this out:)
http://www.hi-z.com/ I think this technology needs to be enhanced to be put on motors, machines, anywhere you can think of that waste heat is created and then re-channeled back into our electric system, This should decrease the overall efficiency of our power use and cut down on CO2 emissions and save us from harmful greenhouse effects in the future. Here I am trying to save the world:)lol anyway it is a cool idea:)