Every living cell needs a constant supply of energy for active transport, for movement and for anabolic reactions such as DNA replication and protein synthesis. This energy is supplied by ATP, the universal energy currency of all cells.
ATP is small and soluble, so it moves easily inside a cell. It is hydrolysed in one step to ADP and phosphate, releasing a small, useful amount of energy, and it is remade quickly.
Different respiratory substrates release different amounts of energy per gram. The respiratory quotient (RQ) compares the carbon dioxide given out with the oxygen taken in, and so shows which substrate is being respired.