1. Energy exists in many forms including mechanical, heat, chemical, electromagnetic, and nuclear. Energy can be converted from one form to another through various processes.
2. Energy exists in two states: kinetic energy which is the energy of motion, and potential energy which is stored energy. Common examples of potential energy include gravitational potential energy from height and elastic potential energy from stretching or compression.
3. The conversion between kinetic and potential energy powers many systems like roller coasters. As an object's potential energy decreases through work, its kinetic energy increases accordingly. The total energy within a system remains constant according to the law of conservation of energy.