My perception is that this is closer to the direction the field has been moving for the last half decade or so. Pushing the "energy frontier" was needed to experimentally find the higs and test supersymmetric theories. The higs was measured, and literally hundreds of proposed theories and particles, including very well-liked theories, have been eliminated. This is a big success.

However, it turns out that some of the same physics of extremely high energy scales is also accessible through extremely high precision/low background experiments like the many neutrinoless double beta decay searches, or the rapidly growing field of neutrino experiments.

In my oppinion, there is still compelling need for an accelerator specialized in colliding electrons with ions at lower energy than at the LHC. The nuclear physics community has been after this for some time now, and it looks like it will be built at Brookhaven. Now that FRIB is almost finished, this will probably be the big budget nuclear physics project for the next 5 years or so.