Abstract: An electrical generator has at least one rotating ring of field magnets which produce a circular array of magnetic fields, and a ring of generator output coils which are in the magnetic fields. The field magnets are permanent magnets or electromagnets. The generator output coils are movable in a displacement path toward and away from a null position at which they are exposed to zero net flux from the magnetic fields. Movement of the coils by an actuator varies the amplitude of the voltage induced in these coils by the rotating field magnets. The actuator is energized by an alternating current to create a mechanical oscillation of the generator output coils in their displacement path. The coils provide a raw amplitude-modulated signal that has a carrier frequency which is a function of the rotational velocity of the field magnets and a modulation frequency that is proportional to the mechanical oscillation of the generator output coils.