Latent heat is energy released or absorbed during a phase change. In meteorology, it's primarily the energy released when water vapor condenses into liquid water or ice.
A rising parcel of saturated air cools due to expansion. This cooling causes the water vapor within the parcel to condense.
The amount of latent heat released depends directly on the amount of condensation that occurs.
To maximize latent heat release, we need the maximum amount of condensation. This happens when the rising saturated air parcel:
Therefore, the maximum amount of latent heat is released in a rising saturated parcel of air when it is warm and starts at a low altitude, as this scenario allows for the greatest potential condensation.