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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.
All forms of energy can be in either of two states: Potential Kinetic States of Energy: Kinetic and Potential Energy Kinetic Energy is the energy of motion. Potential Energy is stored energy. Kinetic Energy The energy of motion is called kinetic energy. The faster an object moves, the more kinetic energy it has.