Two-dimensional (2D) materials have garnered much interest due to their exceptional optical, electrical, and mechanical properties. Strain engineering, as a crucial approach to modulate the physicochemical characteristics of 2D materials, has been widely used in various fields, especially for energy storage and conversion. Herein, the recent progress in strain engineering of 2D materials is summarized for energy storage and conversion applications. The fundamental understanding of strain in 2D materials is first described. Then, some synthetic methods for modulating the properties of 2D materials via strain engineering are introduced. Further, the applications of strain engineering of 2D materials in energy storage, photocatalysis, and electrocatalysis are discussed. Finally, the challenges and perspectives on strain engineering of 2D materials are also outlined.