A progressing cavity-type drilling motor having an electrical generator disposed within the rotor of the drilling motor. In some embodiments, the electrical generator produces electrical energy from a flow of drilling fluid through a bore in the rotor. In other embodiments, the electrical generator produces electrical energy by harnessing the kinetic energy of the rotor as the drilling motor is used to drill into a formation. The electrical energy generated by the generator can be stored or used to power sensors, actuators, control systems, and other downhole equipment.