More importantly than mere power consumption, we don't have a way to remove the waste heat generated. Dennards law (like Moore's law but for power consumption per transistor) ended 10 years ago. Exactly the same time clock speeds stopped improving. There are actually a few computers out there that run around 10Ghz but they all have impractical cooling systems.
If there ever were a return to exponential scaling, we would very soon run into the Launder limit.