This assessment provides a comprehensive evaluation of the limitations associated with the application of supercapacitors, along with the imperative to enhance their functionality. Following this, the advantages of Electrochemical Double Layer Capacitors (EDLC) are discussed in comparison to other types utilized in supercapacitor contexts. The transformation of coconut shells into carbon nanofibers is extensively investigated through various methodologies, highlighting both their benefits and limitations. It becomes evident that the current utilization of coconut shells has not yet achieved optimal sustainability or viability for energy storage purposes. Nevertheless, coconut shells offer a widely available and sustainable resource that can be converted into Activated Carbon nanofibers for energy storage applications. Diverse techniques have been employed to produce these ACB nanofibers, each targeting specific objectives including improved energy density, adaptable diameter, reduced energy consumption, and faster charging times. Despite these accomplishments, it is evident that numerous significant properties of carbon nanofibers derived from coconut shells remain unexplored, leading to substantial knowledge gaps that must be addressed for each technique. Therefore, further research is warranted to advance the comprehension of key parameters associated with various methods, ultimately facilitating the development of highly desirable carbon nanofibers sourced from coconut shells and catering to the requirements of sustainable energy storage applications.