The document summarizes research on the energy of graphs. It defines the energy of a graph as the sum of the absolute values of its eigenvalues. It shows that for any positive epsilon, there exist infinitely many values of n for which a k-regular graph of order n exists whose energy is arbitrarily close to the known upper bound for k-regular graphs. It also establishes the existence of equienergetic graphs that are not cospectral. Equienergetic graphs have the same energy even if they do not have the same spectrum of eigenvalues.