There was a flurry of tech news recently about automobile makers experimenting with appending alternators with thermoelectric generators working off the exhaust system heat. Reportedly the concept is quite effective and improves overall efficiency by a small percentage.
When I read this news, I had assumed that they were using the 'old fashioned' two metal junction system (Seebeck effect). The system would have to be installed up near the headers to see any heat, but that part of the exhaust can be glowing red hot under full load.
Are Peltier diodes capable of surviving 500C? If not, then look at bi-metal junctions.