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1 Lipids are relatively insoluble in water. 2  They are soluble in non-polar solvents, like ether, chloroform, methanol. 3  Lipids have high energy content and are metabolized to release calories.4  Lipids also act as electrical insulators, they insulate nerve axons.haracteristics of Lipids. 1  Lipids are relatively insoluble in water. 2  They are soluble in non-polar solvents, like ether, chloroform, methanol. 3  Lipids have high energy content and are metabolized to release calories.
How are lipids formed? A: Lipids are organic compounds that can include substances, such as fats, waxes, phospholipids and steroids. Depending on the type of lipid formed, it can consist of different combinations of molecules including fatty acids, glycerol and phosphate group. Triglycerides, which are a type of fat, are made up of three fatty acids and one glycerol molecule, while phospholipids consist of two fatty acids, one glycerol molecule and a phosphate group.