Capacitors are energy storage devices that can temporarily store and release electric charge. They consist of two conductive plates separated by an insulating material. The capacitance, or ability to store charge, depends on the distance between plates, the area of the plates, and the material between them. There are two main types - electrolytic capacitors, which have a polarity, and ceramic capacitors, which do not. Capacitors can be charged by applying a voltage across their terminals and discharged by shorting the terminals.