Abstract: A thermoelectric energy converter incorporates thermocouples in a circuit carrying A. C. current via capacitors which provide electrical coupling but obstruct heat transfer between hot and cold junctions. The cyclic current oscillations through the capacitors are diverted by special circuits so as to be rendered asymmetric as current oscillations through the thermoelectric junctions. One such circuit includes the use of a diode configuration regulating current flow through different thermoelectric junctions spaced apart in the thermal gradient. Another involves the action of a unidirectional magnetic field having a polarizing effect on a three-metal thermoelectric junction.