The International Energy Agency Digital Demand-Driven Electricity Networks (3DEN) Initiative and IEA-4E/EDNA are pleased to invite you to the expert webinar:

Blockchain applications: an energy perspective

The webinar will be held via Zoom on Tuesday 12 April at 14:00 – 15:00 CEST (registration and more information).

The webinar will illustrate how blockchains work, how cryptocurrencies and other applications employ the blockchain, and why the resulting energy consumption is so high. A potential solution to significantly reduce the energy consumption used for validation will also be presented.

The webinar will draw from the key findings of the report Blockchain Energy Consumption – An Exploratory Study. The report was commissioned by the Swiss Federal Office of Energy and authored by Mr Vlad Coroama of ETH Zurich. The report contains a detailed analysis of blockchain, its use in cryptocurrencies and beyond, and the resulting energy consumption.

Based on the Swiss report, the IEA-4E Electronic Devices and Networks Annex has published a policy brief on this topic, aimed at policy makers.