Transition metal carbides or nitrides (MXene) have shown promising applications in energy convention and storage (ECS), owing to their high conductivity and adjustable surface functional groups. In the past several years, many MXene derivatives with different structures have been successfully prepared and their impressive performance demonstrated in ECS. This review summarizes the progress in the synthesis of MXene and typical Ti₃C₂T_x MXene derivatives with different morphologies, including 0D quantum dots, 1D nanoribbons, 2D nanosheets and 3D nanoflowers. The mechanisms involved and their performance in photocatalysis, electrocatalysis and rechargeable batteries are also discussed. Furthermore, the challenges of MXene derivatives in ECS are also proposed.