Energy Efficiency of Blockchain and Similar Technologies

The purpose of the hearing is to consider the energy efficiency of blockchain and similar technologies and the cybersecurity possibilities of such technologies for energy industry applications. In particular, should we expect electricity prices to increase from rising electricity demand in blockchain applications? In addition, how can we evaluate whether blockchain and similar approaches will soon improve the cybersecurity of computing systems used to supply our energy?   

Witness Panel 1

• Mr. Paul Skare

  Chief Cyber Security and Technical Group Manager

  Energy and Environment Directorate, Pacific Northwest National Laboratory

• Mr. Thomas Golden

  Program Manager, Technology Innovation

  Electric Power Research Institute

• Ms. Claire Henly

  Managing Director

  Energy Web Foundation

• Dr. Arvind Narayanan

  Associate Professor, Department of Computer Science

  Princeton University

• Dr. Robert Kahn

  President and CEO

  Corporation for National Research Initiatives

The hearing will be webcast live on the committee’s website, and an archived video will be available shortly after the hearing concludes.