No, simply knowing the word of God won't give you power. It won't lead to health, prosperity, power, influence, or greater respect from your peers. When I see posts like this why don't I see someone who wants this power to help other people?
James made it obvious why God answers a lot of prayers as no:
(James 4:1-4 NIV) What causes fights and quarrels among you? Don't they come from your desires that battle within you? {2} You want something but don't get it. You kill and covet, but you cannot have what you want. You quarrel and fight. You do not have, because you do not ask God. {3} When you ask, you do not receive, because you ask with wrong motives, that you may spend what you get on your pleasures. {4} You adulterous people, don't you know that friendship with the world is hatred toward God? Anyone who chooses to be a friend of the world becomes an enemy of God.
Thanks for stopping by. The word of God is the power of God. Having the knowledge of the word of God and applying this knowledge to our daily lives is the fastest route to accessing the power of God. Even when you pray, you have to pray in line with the word of God for such prayer to have any effect. So bro, proper knowledge of God's word reveals our true identity in christ and when we start applying such knowledge in our daily lives, everything will start turning around for our good. Thanks