The invention implements a variation of the electrical transverse flux machine (motor or generator) that employs ferromagnetic excitation elements mostly located on the stator rather on the rotor. The excitation elements are employed in nearly-complete magnetic circuits that are periodically completed by the movement of the rotor. The varying flux that is thus generated is used to cause an EMF in windings, for the case of generators, or for the case of motors, appropriate EMF is used to cause varying flux that in turn causes rotation of the motor.