Yes, the energy sector needs a lot of innovation. I think we should get back to the Adams Curve:
https://www.lesswrong.com/posts/Ck5cgNS2Eozc8mBeJ/a-review-of-where-is-my-flying-car-by-j-storrs-hall
Let's hope BTC (mining) incentivizes energy entrepreneurs to innovate in this crucial industry. Politicians won't rescue us...