The paper introduces a theoretical background of the mechanism of electromagnetic energy and power accumulation and its focusing in narrow pulses travelling along a transmission line with material parameters variable in 1D-space and time. This mechanism may be implemented due to a special material geometry- a distribution of two different dielectrics in a spatio-temporal checkerboard. We concentrate on the practically reasonable means to bring this mechanism into action in a device that may work both as energy generator and energy storage. The basic ideas discussed below appear to be fairly general; we have chosen their electromagnetic implementation as an excellent framework for the entire concept.