Potential energy is stored energy.

Yes, that's correct. Potential energy is indeed stored energy. Potential energy is associated with an object's position or state and its capacity to do work. It exists in various forms, and the common types of potential energy include:

1. Gravitational Potential Energy: This is the potential energy associated with an object's position in a gravitational field. The higher an object is lifted, the greater its gravitational potential energy.
2. Elastic Potential Energy: This form of potential energy is associated with the stretching or compressing of elastic materials, such as a spring or a rubber band.
3. Chemical Potential Energy: This is the potential energy stored in the chemical bonds of molecules. It is released during chemical reactions.
4. Nuclear Potential Energy: This form of potential energy is associated with the nucleus of an atom. It is released during nuclear reactions.