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TeachMeFinance.com - explain Generating facility Generating facility The term 'Generating facility' as it applies to the area of energy can be defined as ' An existing or planned location or site at which electricity is or will be produced'. Previous 5 Terms: generalize Generalized System of Preferences (GSP) Generally accepted accounting principles (GAAP) Generally Recognized as Safe (GRAS) generating area Next 5 Terms: Generating station Generating unit Generation Generation (gross) Generation (net) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.