You have an excellent point, rand. Unlimited, renewable, free (or at least really cheap) energy could go a long way to staving off a biotic crisis. Assuming, of course, there was some way of quickly converting the entire planet to the new energy source.
Unfortunately, without a concurrent curb on the population growth rate, we're likely to see a doubling of the total population in the next 40 years. Even if the Total Fertility Rate declines to sustainable levels (2.1 per family globally), the statistical "delay" will pretty much guarantee 11-12 billion people on Earth by 2050 (all other things being equal). A perfect energy source and technological advances
may make that livable. Here's an interesting chart showing an "optimistic" view.
(Source:
World Population: Major Trends)
Note that the TFR DOES decline to 2.1 (or slightly less) over time, yet the population continues to grow regardless. The ecological footprint of that many people attempting to use increasingly scarce resources (i.e., arable land, potable water, etc), is going to be immense - and even with really radical technological advances, may or may not be sustainable.
However, energy is a great first step. Well thought.