According to the law of conservation of energy, energy can never actually be “consumed”; it can only be changed from one form to another. What is consumed on a huge scale, however, are resources that ...According to the law of conservation of energy, energy can never actually be “consumed”; it can only be changed from one form to another. What is consumed on a huge scale, however, are resources that can be readily converted to a form of energy that is useful for doing work. energy that is not used to perform work is either stored as potential energy for future use or transferred to the surroundings as heat.