HI,
I'm working with a peltier module and a temperature sensor LM35 to create a circuit for cooling or heating reactions.
I'm wondering if I need 5V to power my arduino micro or if a coin cell battery of 3V could be enough.
The peltier module is powered from a 9V battery, so the coin cell would be just for the arduino.
Peltier junction devices are very sensitive to voltage and won't operate very efficiently outside a relatively narrow range. Have you confirmed that yours will operate on 9V?
What kind of power source is this? Peltier junction devices draw on the order of 5 to 15A.