Ethanol has a lower energy density than gasoline / petrol (approx 30 -35% less) per given volume.
So a 10% (E10) petrol blend will have ~ 3 - 3.5% less energy than straight petrol.
The biggest issue with ethanol when used with older cars is ethanol can attack certain rubber components (i.e fuel lines) but anything built later than 2001 (and likely much earlier) should be a E10 compatible. The other negative is ethanol (affecting all cars) is it's hydrophilic, meaning its miscible with water. Because of this you don't want to store your car for any period of time with a half-empty tank.
The upside, ethanol increases the octane rating of petrol making it perform more like 'premium' fuel. This allows you to push your engine harder, advance timing, etc without increasing the chance of pre-detonation (aka knock) so you might actually make more power on a tuned engine running E10.
There should be labeling on your fuel door or cap specifying the minimum octane your engine requires. This is more important than whether the fuel is E0, E5 or E10. Running anything lower than the recommended octane rating can cause problems. Running a higher octane than needed won't hurt anything but it is a waste of money. Tuned motors should always run high octane fuel as spec'ed by the tuner.