Science, asked by hazarikapradip69, 2 months ago

Who is known as energy bank​

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Answered by stusanjay5073
13

Answer:

Energy Bank Sao Tome e Principe, also referred to as Energy Bank STP, but commonly known as Energy Bank, is a commercial bank in Sao Tome. It is one of the eight commercial banks licensed by the Central Bank of São Tomé and Príncipe, the country's banking regulator.

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Answered by Rogers404
3

Answer:

When Unit A has a surplus of energy, it transfers this surplus to Unit B. This exchange of electricity for electricity instead of cash is known as energy banking or banking of energy. This exchange can take place between two or more states as well as two or more countries.

Explanation:

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