The whole point of a wake timer is to save energy: it allows a computer to sleep when it normally wouldn't be able to, under the condition that it wake up periodically do whatever it needs to do. Without wake timers, the same applications would require
your computer to be on 24/7 in order to function.
If you don't need whatever program is using wake timers, uninstall it. If you need that program, and then program needs wake timers, then you need wake timers.
If you're certain nothing on your computer should need wake timers, either you've chosen to install very poor-quality programs/hardware/drivers, or you have malware.
Just to be clear, every modern OS works this way--even your phone does something conceptually similar. It allows devices to go into a low-power state that never would've been able to previously. Of course, there are programs that abuse this, and there
are a lot of poorly designed programs that use wake timers unintentionally or incorrectly. Microsoft lets you do just about whatever you want with your computer; they leave you with the responsibility of choosing what's acceptable to install.