Discussion
Banking of energy with a licensee means the generator
Answer: A
Correct answer: injects energy at one time and draws it later
Banking lets a generator feed energy into the system when it has a surplus and draw an equivalent amount later, the licensee acting as a notional store. It is settled on energy rather than on money, usually with a percentage retained as a banking charge, and it suits intermittent generation whose output does not match its owner’s demand.
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