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Thermal Energy is "heat" energy that is the vibrations of molecules as they are heated.
Examples of thermal energy are cooking purposes, boiling water, microwaving food, heating homes, etc.
Pros:
Thermal energy is very useful for heating (Homes, offices, schools, etc.).
Thermal energy is useful for cooking purposes.
Thermal energy warms the planets in our galaxy.
Cons:
Thermal energy is easily flammable.
Thermal energy can heat up the earth too much and melt the polar ice caps.