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Topical Terminology > Generation Company (Genco)



1 Definition

Generation Company (Genco)

For Generation Company (Genco) we have a term and definition in Energy.



Generation Company (Genco) (Energy)

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.


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