Current transformer to get the current waveform, small centre tapped mains transformer to provide the voltage reference, a diode ring mixer to do the multiplication, lowpass and display on a centre zero moving coil meter, job done?
Use the mains voltage reference to switch the diodes in the mixer (Effectively use it as the LO), and feed the current transformer output in where the RF would normally go, moving coil meter goes across the IF (DC coupled) output.
73 Dan.