Maxwell’s equations are valid only for a stationary observation point, therefore, to adequately describe real processes so far we have had to move to a moving reference frame. This paper presents the equations of electrodynamics for the moving observation point, it is shown that plane and spherical electromagnetic waves are their solutions, while the spherical wave propagates only outward, which cannot be said about Maxwell’s equations. The fields of uniformly moving charges are also solutions of the equations. Now there is no need to move to a moving reference frame, to use four-dimensional space and covariant form of equations. The question of finding a universal form of the equations that allows a solution in the form of the field of an arbitrarily moving charge remains open. This raises the question of the existence of a two-parameter group of transformations of electromagnetic fields along with the known one-parameter group has been posed. The phenomena derived from the equations, which make an additional contribution to the phase overrun in the Aharonov-Bohm effect are considered. The equation of motion of a charged particle in an electromagnetic field without simplifying approximations is considered, which allows us to take into account the radiation effects. It is shown that the fields in a moving observation point depend on its velocity and acceleration. In particular, although in a constant uniform electric field a force qE acts on a motionless charged particle, but on the same motionless but not fixed particle the force 4/3qE acts already, because it has a nonzero acceleration and the electric field at this point is larger. As the speed increases, the field decreases, and when it reaches the speed of light, when the particle stops accelerating, the force again becomes equal to qE The principle of operation of an unconventional alternator in a constant electric field and its corresponding engine, as well as new types of direct and impulse current generators, predicted by the equations, are described.