The power developed and the energy dissipated by the current in 2 minutes is 300 watts and 36,000J respectively.
The power generated by the flowing current can be calculated as the product of the voltage and current i.e. P = V X I.
V = IR
V = 5 × 12 = 60V
P = 60V × 5A = 300watts
The amount of energy provided by electric current can be calculated by multiplying the watts (J/s) by seconds to yield joules.
Energy = 300 × 120 = 36000J