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How do the ATP store and release energy?

Answer
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Hint: ATP is adenosine triphosphate which is an organic compound that helps in providing energy to the living cells and is referred to as the molecular unit of currency for the transfer of energy.

Complete answer:
Adenosine triphosphate constitutes molecules of adenosine which are bonded together by 3 phosphate groups and perform a process of cellular respiration and chemical energy in food which gets converted into chemical energy that is used by a cell and is stored in the molecules of ATP. This process takes place when a molecule of adenosine diphosphate uses the energy which is released by cellular respiration to get bonded with the third phosphate group. The energy released from the cellular respiration gets stored in the bond between the second and the third phosphate groups and the cell needs the energy to do work.

Additional information:
To complete the process the ATP loses its third phosphate group by releasing energy which is stored in the bond when the sell used to do the work. The ADP stores the energy from respiration by bonding with the third phosphate group. The process involves the primary enzyme which is malate dehydrogenase which is present in two forms in the shuttle system as mitochondrial malate and dehydrogenase and cytosolic malate dehydrogenase.

Note:
Karl Lohmann and Jendrassik discovered the molecule of ATP in the late 1920s where the teams of both competed against each other for finding an assay for phosphorus. It gets synthesized by Alexander Todd in his laboratory.