Refrigeration is the process of pumping heat energy out of an insulated chamber in order to reduce the temperature of the chamber below that of the surrounding air. Thermoelectric refrigeration uses a principle called the Peltier effect to pump heat electronically. According to this effect when electric current is applied across the junction of two dissimilar metals, heat is removed from one of the metals and transferred to the other.
Electromagnetic Induction is a current produced by the voltage production due to a changing magnetic field. This happens in one of the two conditions:-
When we place the conductor in a changing magnetic field.
When the conductor constantly moves in a stationary field.