___________ can be used by cells to store energy, form biological membranes, and serve as chemical messengers.
â Lipids are a large and varied group of biological molecules. Lipids are made mostly from carbon and hydrogen atoms and are generally not soluble in water. â The common categories of lipids are fats, oils, and waxes. â Lipids can be used to store energy. Some lipids are important parts of biological membranes and waterproof coverings. â Steroids synthesized by the body are lipids as well. Many steroids, such as hormones, serve as chemical messengers.