The challenges and quest for a sustainable and greener world are some of the most important goals of the present decade. Due to substantial energy requirements, energy storage devices are immensely required for a clean and greener world. So, it is essential to have workable and ecological devices for energy storage. Tailored conducting polymers have been synthesized and designed as energy storage devices in recent years and be promising and efficient for energy storage, which may surpass conventional devices soon because of extraordinary performance in this field. More efforts are being made to design and synthesize conducting polymers, which can have good electrical conductivity and ionic transport properties. Tailored conducting polymers are light weight, highly stable, resistant to corrosion, and have good electrical conductivity. Depending upon the types of synthesis technologies, they can be synthesized in different forms such as polymer composites, thin films, and powdered forms. These materials can be synthesized so that their mechanical, physical, and chemical properties can be modified per various requirements in diverse fields. The present research compiles different state-of-the-artwork in synthesis techniques, characteristics, and multiple applications as energy storage materials for tailored conducting polymers.