It’s a separate winding other than the stator (power) winding that pushes ac volts thru a rectifier and thru slip rings to the rotor so that the rotor provides a fixed dc field (for) the stator, thereby creating output ac power as the fixed field lines cut thru the stator windings/
Generac is the only company that uses the DPE notation for the excitation winding.
Most small AC generator
(that I have seen), especially ones with no automatic
(electronic) voltage regulation
(AVR), don't have a separate "excitation" winding. They just tap off of the main stator power winding, rectify it
(make it DC) and maybe pass it through a current limiting resistor and on to the brushes
Of course these excitation windings rely on the residual magnetism in the rotor
(field) core to get themselves started !
Maybe it’s a more correct term since the ac output from the excitation winding is probably not in phase with the ac output windings
Ahhh ! Hence is is "displaced" from the main winding
