I felt maybe I could give a hand at explaining.But any way you need to know or learn if you don't know some of the basics because without them it's hard to explain as it sounds all like a language from Mars.
So in a typical AC generator you have three sets of coils in the stator and a rotating rotor with poles on it formed also by coils.The rotor coils develop a magnetic field creating poles on the rotor much like poles from a permanent magnet.the coils get their current from a set of brushes and sliding contacts called sliprings.Remember a DC motor or generator has what is called a commutator , but AC generators have slip rings.
Usually AC generators are three phase.The angles between phases represent the geometry of the AC generator were the coils are spaced with such angles in the stator.Look at my crude drawing and take for example one of the three coils on the stator, now imagine one of the rotor poles approaching the coil as it rotates , let's say it's the N pole.what you see in that coil is the voltage starts to rise in a sinusoidal fashion because as the rotor pole gets closer to the where the stator coil is the magnetic flux increases through that coil , so the voltage rises when the pole is exactly 1:1 with the middle of the coil that's were the flux stops increasing and the voltage has hit it's peak.Then as the magnet moves away from the closest position the flux lines decrease and the sinus starts to fall and the voltage decreases in the coil.This happens until the voltage hits zero volts and for a very brief moment there is no flux through the coil and no voltage in it but then the next pole , this time S pole again approaches the same stator coil so the magnetic flux starts to increase again , only this time it's the opposite pole so the voltage in the coil begins were the previous pole left it at zero volts and now it descends into the negative side of the sine wave, simply because its the opposite pole so the electrons (which you love) now flow the other direction into the coil.
As this pole again reaches the closest position and the flux is maximum through the coil the sine wave hits the lowest point as the pole moves away again the sine wave starts to rise again to get back to zero volts again and so one full AC cycle has ended and consisted of two half cycles.
two opposite poles rotating by was necessary to create this full cycle each of the poles made one half cycle but each half cycle was with opposite polarity because the poles themselves are opposite so the electron flow reversed direction.
If you understand how each cycle works then you can further see how the three phase AC generator works.It's all basically a matter of a static magnetic field rotating near by fixed coils and a change in magnetic field creates a voltage in a coil.A transformer works the same way it's just that it doesn't need to rotate because the current that makes the field is already changing so the field also changes.
In a generator you have physical movement which then through magnetism creates a changing current in a coil.This is also one of the reasons why in a typical AC generator the output frequency is dependent on it's rotor RPM , do you see why is that so Justin ?
Even in a typical DC generator the current (field) is changing in the output coils , just that the commutator and further addition of capacitors at the output smooths out the otherwise varying voltage/current.
The reason why single phase needs a return wire and three phases doesn't is because in three phase supply the return is managed by other phases because as you see in the workings of a generator , while one phase rises another one falls so to speak of or while the electrons flow in one way in one phase they flow the opposite way in another and this then creates a net flow of power , in a single phase electrons can't flow both directions at the same time in a single wire so two wires form a loop.Actually every loop must consist of atleast two wires, no matter whether it's AC or DC.And even when you think that in the ground case there is just one wire , no the ground is the other wire if it's used in a DC or AC situation , even though it's not common practice to use ground as a conductor because it's conductance varies from place to place.It's only used for safety , or as earthing point in case of accidents.As to the coupling between your house and the generator , No , the wires that power your house only run to the nearest transformer and in the national grid there are tens if not hundreds of transformers between your house and the generator of the closest electricity station.
Once you will learn this then you can start to go further and see that the electrons you are talking about are actually just a medium for something that is unseen to the naked eye , which is the EM field which also is the one that carries the energy , then you will also see that even though not directly via wires but your house is indeed coupled to the generator at the power station via the EM field because that is how every transformer can get power from one winding to another even though these two windings are not electrically or physically connected.
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