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Best Practice Guide |
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Glossary |
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Best Practice Guide GlossaryBrowse the glossary alphabetically: GENERATION COMPANY (GENCO) Return to list of termsA 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. Source: California Energy Commission |