- Generation Company
- (Genco, GENCO)A regulated or non-regulated entity (depending upon the industry structure) that operates and maintains existing generating plants. The Genco may own the generation plants or interact with the short term market on behalf of plant owners. In the context of restructuring the market for electricity, Genco is sometimes used to describe a specialized "marketer" for the generating plants formerly owned by a vertically-integrated utility.***An entity that owns or operates generating plants. The generation company may own the generation plants or interact with the short-term market on behalf of plant owners.U.S. Dept. of Energy, Energy Information Administration's Energy Glossary***A regulated or non-regulated entity (depending upon the industry structure) that operates and maintains existing generating plants. The Genco may own the generation plants or interact with the short term market on behalf of plant owners. In the context of restructuring the market for electricity, Genco is sometimes used to describe a specialized "marketer" for the generating plants formerly owned by a vertically-integrated utility.California Energy Comission. Dictionary of Energy Terms
Energy terms . 2014.