Disclaimer: my interest in this topic is recreational, and I know as little about the mathematics involved here as I do in the relevant physics, outside of high school material.
To me, for instance, conservation of energy is a principle which I should just apply to formulaes involved in, say, physics of newtonian objects. Sure enough, they work, and I have practised them in classrooms.
But it only recently occurred to me that there was a lingering question in this regard: how come a calculus I made some decades ago (for some definition of "some") is still valid today?
And in the meantime (there is that "time" again) I learnt about special and general relativity which both force one to rethink what time is. And Noether's theorem in this regard still seems to hold true...
So, what is it that Noether demonstrated in the end? I have read many times that this theorem proves that the laws of physics are independent of time... But this seems to mean, to me, that this stands true whatever your referential is.
What Nother's theorem states is that if there exists a differential family of transformation of generalized coordiantes $\{q_{i}\}_{i\in\{1, ..., n\}}$, $\Omega:\mathbb{R}^{n}\times\mathbb{R}\rightarrow\mathbb{R}^{n}$ parameterized by a real parameter $\lambda$ $$q_{i}=\sum_{j=1}^{n}\Omega_{ij}(\lambda)\tilde{q}_{j}$$ With the identity element defined by $$q_{i}=\sum_{j=1}^{n}\Omega_{ij}(0)q_{j}$$ (or in vector notation $\vec{q}=\Omega(\tilde{\vec{q}}, \lambda)$), and this family of continous transformations leaves the Lagrangian of the system invatiant $$\mathcal{L}\Big(\vec{q}, \frac{d}{dt}\vec{q}, t\Big)=\mathcal{L}\Big(\Omega(\vec{q}, \lambda), \frac{d}{dt}\Omega(\vec{q}, \lambda), t\Big)$$ Then the following function of coordinates, velocities and time is a constant of motion $$\mathcal{I}\Big(\vec{q}, \frac{d}{dt}\vec{q}, t\Big)=\lim_{\lambda\rightarrow{0}}\sum_{k=1}^{n}\frac{\partial\mathcal{L}}{\partial{\dot{q}}_{k}}\frac{d}{d\lambda}\sum_{j=1}^{n}\Omega_{ij}(\lambda)\tilde{q}_{j}$$ It says nothing about time invariance and the energy conservation. Energy conservation is the manifistation of the Lagrangian being explictly time independant. I.e. consider the E-L equations for a time independant Lagrangian $$\frac{d}{dt}\frac{\partial\mathcal{L}}{\partial{\dot{q}}}=\frac{\partial\mathcal{L}}{\partial{q}}$$ You multiply by $\dot{q}$ using the chain rule and integration you have $$\dot{q}\frac{\partial\mathcal{L}}{\partial{\dot{q}}}-\mathcal{L}=E=const$$ For example $$\mathcal{L}\Big(\vec{q}, \frac{d}{dt}\vec{q}_{1}, t\Big)=\frac{m}{2}\Big(\frac{d}{dt}\vec{q}\Big)^{2}-U(|\vec{q}|, t)$$ Where $\vec{q}\in\mathbb{R}^{2}$. This Lagrangian is invariant under rotations i.e., in this case $\Omega\in{SO(2)}$, using the Nother's theorem you have $$I=m(q_{1}\dot{q}_{2}-q_{2}\dot{q}_{1})=const$$ Which is angular momentum conservation. However, as the potential energy is assumed to be explicily time dependent the energy is not conserved.