Final answer:
The energy stored in chemical bonds is called chemical potential energy, a type of potential energy released during chemical reactions.
Step-by-step explanation:
The energy stored in chemical bonds is known as chemical potential energy, which is a form of potential energy. Potential energy is the stored energy that an object possesses due to its position or arrangement. In the context of chemical substances, the chemical bonds hold potential energy that can be released when the bonds are broken during a chemical reaction. This release of energy can be utilized for work, such as the movement of a car's engine, or transformed into other energy forms like heat.