Differentiate elastic potential energy and chemical potential energy

Elastic energy is the energy store in a.. compacted spring; an extended elastic band; and a drawn bow.  

Chemical potential energy is position of electrons in specific substance bonds that can be broken (energizes).

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This stored energy is released and performs work when the elastic material reverts back to its original position. ... In comparison, chemical potential energy, is the energy released during the formation of chemical compounds.

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