In order to study the power capability of impeller and energy conversion mechanism of screw centrifugal pump, the methods of theoretical analysis and numerical simulation by computational fluid dynamics theory (CFD) were adopted, specifically discussing the conditions of internal flow such as velocity, pressure, and concentration. When the medium is sand-water two-phase flow and dividing the rim of the lines and wheel lines of screw centrifugal pump to segments to analyze energy conversion capabilities which along the impeller profile lines with the dynamic head and hydrostatic head changer, the results show that the energy of fluid of the screw centrifugal pump is provided by helical segment, and the helical segment of the front of the impeller has played the role of multilevel increasing energy; the sand-water two phases move at different speeds because the different force field and the impeller propeller and centrifugal effect. As liquid phase is the primary phase, the energy conversion is mainly up to the change of liquid energy, the solid phase flows under the wrapped action of liquid, and solid energy is carried out through liquid indirectly.