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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.
Kinetic and Potential Energy. Kinetic energy is the energy of motion. The magnitude of the kinetic energy (Ek) of an object depends upon its mass (m) and velocity (v): In other words, both the mass and the speed of an object determines how much energy it has, and thus, how much work it can accomplish.