Gravitational potential energy is energy by virtue of gravity. The higher an object is raised above a surface the greater the distance it must fall to reach that surface and the more velocity it will build as it falls. For gravitational potential energy, PE = mgh where m is mass (kilograms), h is height (meters), and g is acceleration due to gravity which is a constant (9.8 m/s²).

Kinetic energy is the energy of movement and is a function of the mass of an object and its speed: \(KE = {1 \over 2}mv^2\) where m is mass in kilograms, v is speed in meters per second, and KE is in joules. The most impactful quantity to kinetic energy is velocity as an increase in mass increases KE linearly while an increase in speed increases KE exponentially.

Potential energy is the energy of an object by virtue of its position relative to other objects. It is energy that has the potential to be converted into kinetic energy.

Power is the rate at which work is done, P = w/t, or work per unit time. The watt (W) is the unit for power and is equal to 1 joule (or newton-meter) per second. Horsepower (hp) is another familiar unit of power used primarily for rating internal combustion engines. A 1 hp machine does 550 ft⋅lb of work in 1 second and 1 hp equals 746 watts.