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Definition of "Generation Company" |
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.A company, group or individual who plan to connect or has already connected an Embedded Generator to the CEB distribution network. |
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