Recently I've become interested in the possibility of using magnets to generate electricity, a "magnet motor" if you will. There are evidence of a lot of different attempts on the internet as well as a number of actual patents for these motors. read more
A magnet dose not generate electricity all by itself. A magnet, weather a permanent magnet or an electro magnet naturally generates a magnetic field. If you then cut the field lines (flux lines) with a conductor( metal wire) An electric field is induced into the wire, and electrons flow. read more