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A thermal management system for an object comprising: one or more thermoelectric elements, one or more light emitting sources, electricity transport medium; electrical energy storage, and a controller. Heat energy that is generated or absorbed by the object is converted by said thermoelectric elemen

A thermal management system for an object comprising: one or more thermoelectric elements, one or more light emitting sources, electricity transport medium; electrical energy storage, and a controller. Heat energy that is generated or absorbed by the object is converted by said thermoelectric element to electrical energy. This energy is transferred to light emitting source to emit the energy to the environment or delivered to the electrical energy storage or back to the thermoelectric elements using the electricity transport medium and the controller to achieve the thermal goal of the thermal management system.

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1. A thermal management system for an object comprising: (a) one or more thermoelectric elements; and(b) one or more light emitting sources, wherein a portion of the heat energy that is generated or absorbed by said object is converted by said thermoelectric elements to electrical energy, and the el

1. A thermal management system for an object comprising: (a) one or more thermoelectric elements; and(b) one or more light emitting sources, wherein a portion of the heat energy that is generated or absorbed by said object is converted by said thermoelectric elements to electrical energy, and the electrical energy is transferred to said light emitting sources which converts the electrical energy to light energy and emits the light energy to the environment, and wherein the emission of the light energy is configured to evacuate the heat energy from the object. 2. The thermal management system of claim 1 comprising a plurality of thermoelectric elements. 3. The thermal management system of claim 1 comprising a plurality of light emitting sources. 4. The thermal management system of claim 1 further comprises an electricity transport medium that transfer the electrical energy from the thermoelectric elements to the light emitting sources. 5. The thermal management system of claim 4, wherein the electricity transport medium comprises electrical circuits comprising one or more of or any combination of (1) a DC to DC convertor circuit, (2) a load matching circuit, (3) a load setting circuit, (4) an electrical switch, (5) a polarity setting circuit, (6) a supply setting circuit, and (7) an electrical energy storage circuit. 6. The thermal management system of claim 1, wherein the transfer of electrical energy is controlled by a controller. 7. The thermal management system of claim 6, wherein the controller controls the routing of electrical energy between the thermoelectric elements and the light emitting sources. 8. The thermal management system of claim 6, wherein the controller controls the mode of operation of the thermoelectric elements and wherein each thermoelectric element in any portion of time is configured to be in one of an electricity generation mode, a heat pumping mode, a heat flow blocking mode or a heat flow transferring mode. 9. The thermal management system of claim 1 further comprises electrical energy storage, wherein a portion of the electrical energy generated by the thermoelectric elements is transferred to the electrical energy storage and wherein a portion of the electrical energy stored in the electrical energy storage is transferred to the light emitting sources. 10. The thermal management system of claim 9, wherein the electrical energy storage comprises one or more of or any combination of (1) a battery, (2) a capacitor, and (3) a super capacitor. 11. The thermal management system of claim 9, wherein a minimal level of energy is stored in the electrical energy storage before electrical energy is transferred to the light emitting sources. 12. The thermal management system of claim 1 further comprises electrical energy storage, wherein a portion of the electrical energy generated by some of the thermoelectric elements that are working in an electricity generation mode is transferred to the electrical energy storage and wherein a portion of the electrical energy stored in the electrical energy storage is transferred to some other thermoelectric elements that are working in a heat pumping mode. 13. The thermal management system of claim 1, wherein the thermal management system is implemented in a fastening element of the object. 14. The thermal management system of claim 13, wherein the fastening element is a screw. 15. The thermal management system of claim 1, wherein the object is a cutting tool insert. 16. The thermal management system of claim 15, wherein the thermal management system is implemented in one of or any combination of (1) the cutting tool insert, (2) a seat of the cutting tool insert, (3) a tool holder of the cutting tool insert, and (4) a locking element of the cutting tool insert. 17. The thermal management system of claim 1, wherein the object is an injection mold. 18. The thermal management system of claim 1, wherein the object is a combustion engine. 19. The thermal management system of claim 1, wherein the light emitting source is a light emitting diode or a semiconductor laser. 20. The thermal management system of claim 1 further comprises one or more sensors, wherein the transfer of electrical energy is controlled conditioned upon the reading of the sensors. 21. The thermal management system of claim 1, wherein the wavelength of the light emitted by the light emitting source is selected to be different than the black body radiation wavelength emitted by the object due to actual object temperature to provide an illusion that the object is in a different temperature than the object real temperature. 22. The thermal management system of claim 1, wherein some of the thermoelectric elements are configured to be in an electricity generation mode and some others thermoelectric elements are configured to be in a heat pumping mode, and wherein a portion of the electrical energy generated by the thermoelectric elements in the electricity generation mode is transferred to the thermoelectric elements in the heat pumping mode. 23. The thermal management system of claim 1 further comprises one of or any combination of (1) an electrical energy storage, (2) an electricity transport medium, (3) a sensor, (4) an electric heater, (5) a light convertor, (6) an electrical power inlet, and (7) an electrical power outlet. 24. An apparatus comprising the thermal management system in claim 1. 25. The method of claim 24, wherein the transferring the electricity energy is performed by electrical circuits comprising one or more of or any combination of (1) a DC to DC convertor circuit, (2) a load matching circuit, (3) a load setting circuit, (4) an electrical switch, (4) a polarity setting circuit, (5) a supply setting circuit, and (6) an electrical energy storage circuit. 26. The method of claim 24 further comprises a step of storing electrical energy, wherein a portion of the electrical energy generated by the thermoelectric elements is transferred to the electrical energy storage and a step of supplying electrical energy wherein a portion of the stored electrical energy is transferred to the light emitting sources. 27. A method for thermal management of an object comprising: generating electrical energy from heat energy that is generated or absorbed by said object using one or more thermoelectric elements;transferring said generated electrical energy to one or more light emitting sources; andemitting light energy by said one or more light emitting sources, wherein the emission of the light energy is configured to evacuate the heat energy from the ovject. 28. A capsule comprising: a top surface;a bottom surface;a case in-between the top surface and the bottom surface;one or more thermoelectric elements; andone or more light emitting sources, wherein the capsule is designed to stably float over an area of an object comprising fluid in a way that the top surface is located over the fluid and the bottom surface is located under the fluid and using the difference between the temperature of the top surface and the bottom surface the thermoelectric elements is generating electrical energy and the electrical energy is transferred to the light emitting sources which convert the electrical energy to light energy and emits the light energy out of the capsule, wherein the emission of the light energy is configured to evacuate a heat energy from the object. 29. A thermal management system for an object comprising a plurality of capsules of claim 28 spread over areas of the object comprising fluids.