Can Utilities Cash In on AI Without Making Consumers Pay? ...Middle East

If GENCO is the answer, then what is the question? Simply put, is GENCO the answer to the question of how the electric industry can get into the AI action without compromising utility finances and disadvantaging the rest of the customers? First, some history. The word GENCO (short for generating company) was applied to independent (unregulated) generators that proliferated like rabbits after deregulation at the turn of the century. A large number of them went bankrupt due to overcapacity, demand below expectations, and too much debt. Since utilities…

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