{"id":16090,"date":"2021-04-22T16:29:00","date_gmt":"2021-04-22T16:29:00","guid":{"rendered":"https:\/\/hederav2stg.wpenginepowered.com\/blog\/power-transition-blockchain-sustainability-hedera-hashgraph\/"},"modified":"2026-02-03T19:06:36","modified_gmt":"2026-02-04T00:06:36","slug":"power-transition-blockchain-sustainability-hedera-hashgraph","status":"publish","type":"post","link":"https:\/\/hedera.com\/blog\/power-transition-blockchain-sustainability-hedera-hashgraph\/","title":{"rendered":"Power Transition Blockchain Sustainability Report with Hedera Hashgraph"},"content":{"rendered":"
\n

Today marks the 51st Earth Day. The annual event began in 1970 and has grown ever since. As we can all agree, as exciting and innovative a technology as blockchain and decentralized networks have proven to be, we, as an industry, have some adverse environmental consequences we must address.<\/p>\n

As a founder of Power Transition<\/a>, our mission is to help the world transition to a zero-carbon economy. We’ve seen the efficiency of Hedera first hand. Our energy microgrid solution has successfully provided more efficient energy to 48 homes and apartments in the United Kingdom<\/a>, with immediate energy savings of 30-40% per home.<\/p>\n

\"\"<\/figure>\n

In another proof of concept for EV charging networks, Power Transition reduced charging costs by up to 50% by using Hedera Token Service as its payment rail.<\/p>\n

Hedera is our public ledger of choice. Not only for the practicality of its performance or low transaction fees but also for its environmental impact and unique long-term ability to be sustainable. We estimate that Hedera is orders of magnitude more energy-efficient than other blockchain-based, proof-of-work networks and is comparable with VISA.<\/p>\n

\"\"<\/figure>\n

<\/p>\n

It is paramount that we collectively help correct the narrative that blockchain and distributed ledgers cannot be energy efficient. As such, we’ve put together a report, Can a Blockchain be Green?<\/a><\/em><\/strong> to articulate the key areas to consider for sustainability. In the report, we propose that for a technology to be sustainable we must consider its long-term environmental, societal, and economic impact. Hedera, with its unique governance model and efficient hashgraph consensus algorithm, is uniquely suited to meet these requirements today and in the future.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

It is paramount that we help correct the narrative that blockchain and distributed ledgers cannot be energy efficient. As such, we’ve put together a report, Can a Blockchain be Green?<\/em> to articulate the key areas to consider for sustainability. 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