Tailor-made nanostructured materials can be applied for solving the pressing challenges associated with energy conversion and storage. The review puts different research fields into perspective, namely (photo) thermal synthesis of renewable fuels over heterogeneous catalysts, the fabrication of stable and active electrocatalysts and electrode materials for water splitting, and the direct conversion of sunlight in photovoltaics and photoelectrodes. Differing challenges, but also common benefits associated with applications of nanostructured materials in those different fields are discussed. It will be shown that well-controlled catalytically active sites are often the main challenge, and that a multitude of elementary steps have to be considered.