Can Utilities Cash In on AI Without Making Consumers Pay? | EN590 Commodities
EN590 Commodities GroupEN590 / Diesel September 14, 2026
Syria Diesel Prices Jump 40% Triggering Widespread Unrest Leonard S. Hyman is an economist and financial analyst specializing in the energy sector. He headed utility equity research at a major brokerage house and… 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 did not own local GENCOs, neit
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