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If energy is stored in chemical bonds, and bond formation is always an exothermic process, doesn't that imply that bond formation both stores and releases energy? How is this possible? I'm clearly not understanding some basic tenet of chemistry. For example, H+ and OH- neutralize to form H2O.
Forming a chemical bond releases energy and therefore is an exothermic process. Exothermic reactions usually feel hot because it is giving heat to you. Endothermic-a process or reaction that absorbs energy in the form of heat.