A NIMS research team has demonstrated for the first time ever that a simple stack of thermoelectric and magnetic material layers can exhibit a substantially larger transverse thermoelectric effect—energy conversion between electric and heat currents that flow orthogonally to each other within it—than existing magnetic materials capable of exhibiting the anomalous Nernst effect. This mechanism may be used to develop new types of thermoelectric devices useful in energy harvesting and heat flux sensing.