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The formula for calculating Potential energy is P.E. = m * g * h, where 'm' is the mass of an object, 'g' is the acceleration of gravity, 'h' is the height of the object. 1  Stored mechanical energy: The energy which is possessed by an object due to its stored energy of position. 2  E.g., rubber bands, springs.
Please try again later. A simple cartoon film ,consisting simple explanation on the difference between Potential and Kinetic energy.Potential energy is the stored energy in an object due of its position or its configuration whereas Kinetic energy is the energy which a body possesses because of its motion.