The role of turbulence in current generation and self-excitation of magnetic fields has been studied in the geometry of a mechanically driven, spherical dynamo experiment, using a three-dimensional numerical computation. A simple impeller model drives a flow that can generate a growing magnetic field, depending on the magnetic Reynolds number Rm=micro0sigmaVa and the fluid Reynolds number Re=Vanu of the flow. For Re<420, the flow is laminar and the dynamo transition is governed by a threshold of Rmcrit=100, above which a growing magnetic eigenmode is observed that is primarily a dipole field transverse to the axis of symmetry of the flow. In saturation, the Lorentz force slows the flow such that the magnetic eigenmode becomes marginally stable. For Re>420 and Rm approximately 100 the flow becomes turbulent and the dynamo eigenmode is suppressed. The mechanism of suppression is a combination of a time varying large-scale field and the presence of fluctuation driven currents (such as those predicted by the mean-field theory), which effectively enhance the magnetic diffusivity. For higher Rm, a dynamo reappears; however, the structure of the magnetic field is often different from the laminar dynamo. It is dominated by a dipolar magnetic field aligned with the axis of symmetry of the mean-flow, which is apparently generated by fluctuation-driven currents. The magnitude and structure of the fluctuation-driven currents have been studied by applying a weak, axisymmetric seed magnetic field to laminar and turbulent flows. An Ohm's law analysis of the axisymmetric currents allows the fluctuation-driven currents to be identified. The magnetic fields generated by the fluctuations are significant: a dipole moment aligned with the symmetry axis of the mean-flow is generated similar to those observed in the experiment, and both toroidal and poloidal flux expulsion are observed.