I alluded to the notion of energy conservation when talking about absorption and emission of photons. However, I need to expand the idea a little bit.
Note -- For a particle of mass m, we call the quantity mc2, its rest mass energy.
In the early Universe, such transformations of mass into energy and back into mass were very common. Note in the above pictures that whenever a matter particle such as an electron, e- comes into contact with its anti-matter twin, the positron, e+, they annihilate producing energy. Conversely, if energy is converted to mass (particles), the mass is always produced in matter-anti-matter pairs. This property of formation/annihilation of mass is what makes the slight (1 part in 1 billion or so) matter/anti-matter asymmetry seen in the Universe hard to understand.
For annihilation radiation, εann = 1
So, we see that the annihilation process is the most efficient
and that chemical burning
is the least efficient. Although, nuclear fusion is less than
1 % efficient, it is still
efficient enough to account for the Sun's luminosity:
Now the Sun is ~ 1 % efficient ===> 2x1045 Joules are available to radiate--much more than is needed to explain the lifetime of the Sun!