Ion current rectification (ICR) phenomena in asymmetric nanofluidic structures, such as conical-shaped nanopores and funnel-shaped nanochannels, have been widely investigated in recent decades. To date, the effect of asymmetric nanofluidic structures on electrokinetic power generation driven by the streaming current/potential has not been explored. Accordingly, this study employed a numerical model based on the Poisson equation, Nernst–Planck equation, and Navier–Stokes equation to investigate the electrokinetic energy conversion (EKEC) in a conical nanopore while considering hydrodynamic slippage. The results indicated that the asymmetric characteristics of streaming current (short-circuit current), streaming potential (open-circuit voltage), maximum power generation, maximum conversion efficiency, and flow rate were observed in conical nanopores under the forward pressure bias (tip-to-base direction) and reverse pressure bias (base-to-tip direction) once the nonequilibrium ion concentration polarization (ICP) became considerable. The rectification behaviors in the streaming current, maximum power, and maximum conversion efficiency were all shown to be opposite to those of the well-known ICR in conical nanopores. In other words, the reverse pressure bias revealed a higher EKEC performance than the forward pressure bias. It was concluded that the asymmetric behavior in EKEC is attributed to the asymmetric electrical resistance resulting from asymmetric ion depletion and ion enrichment. Particularly, it was found that the decrease in electrical resistance (i.e., the change in electrical resistance dominated by the ion enrichment) observed in the reverse pressure bias enhanced the maximum power and maximum conversion efficiency. The asymmetric EKEC characteristics became more significant with increasing slip length, surface charge density, cone angle, and pressure bias, especially at lower salt concentrations. The present findings provide useful information for the future development of EKEC in engineered membranes with asymmetric nanopores.