Yes, that is correct. Electric potential energy is the energy that is stored in an electric field due to the presence of electric charges. It is defined as the work required to move a unit charge from one point to another in an electric field. The unit of electric potential energy is the joule (J).
In general, electric potential energy increases as the electric potential increases. Electric potential is a measure of the electric potential energy per unit charge at a particular location. It is related to the electric field strength and the distance from the source of the field. The unit of electric potential is the volt (V).
Thus, as the electric potential increases from low to high, the electric potential energy of a charged particle at that location will also increase. For example, consider a negatively charged particle located at a point with a low electric potential. The particle has a low amount of electric potential energy due to its position in the electric field. If the particle were to move to a point with a higher electric potential, it would absorb some of the electric potential energy, which could be converted into other forms of energy (such as kinetic energy).
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