Unbalance Load Causes

 Unbalance currents causes’ excessive heating of generator rotor.

Because of unbalance currents, zero sequence currents flows.
 This zero sequence current are in phase and cannot sum up to
zero. so emf induced in rotor by these currents will cause eddy
current heating.
 If imbalance with harmonics, will results in harmonic torques which
even can damage shaft of prime mover of generator like turbine,
diesel engine etc.
 With imbalance, zero sequence currents flows in neutral which
causes interference to communication systems nearby. 
Loads of generator also gets affected because of this. 

 With capacitive loads, obviously voltage raises at load end.

Unbalanced loading on Generators occurs when the loading on the three phases is
not equal.  This occurs when the generators are used to power single phase loads
such as domestic lighting.  Some three phase loads such as induction furnaces and
drives can also create unbalanced loading.

When unbalanced loading occurs, the negative sequence

component increases.  Referred as I2 , this component rotates in
a direction opposite to the rotating magnetic field of the
alternator.   For the alternator rotor, this component rotates at
double the frequency of the alternator.  This induces heat in the
rotor of the alternator.

Every alternator has a limit for unbalanced loading or the negative sequence limit.

This should not be exceeded.  The load should be studied prior to selection of the
alternator.  Negative sequence relays also help trip the alternators if the unbalance
limit is exceeded.