The energy stored per unit volume (energy density) in the electric field of a parallel plate capacitor is given by the formula:
\[
u = \frac{1}{2} \epsilon_0 E^2
\]
where:
- \( u \) is the energy density,
- \( \epsilon_0 \) is the permittivity of free space,
- \( E \) is the electric field intensity.
Thus, the correct answer is (B).