Crypto energy consumption will increase more than 30% by 2026, AI even more

THE International Energy Agency waits AI energy consumption has to skyrocket, but he always sharp THE finger has crypto as A overconsumer.

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THE world electricity walk East in progress deep changes as THE industry led THE path In decarburization And faces new consumption motives. Cryptocurrency mining And artificial intelligence (AI) are expected has see big changes In energy use In future years, according to has THE multinational intergovernmental International Energy Agency (IEA).

Not all THE news about power consumption East bad, according to has THE OUCH 2024 report, which forecasts use through 2026. "Power generation East Currently THE the biggest source of carbon dioxide (CO2) broadcasts In THE world, but he East Also THE sector leading THE transition has net zero broadcasts”, THE report said. Renewable energies will become THE main sources of power In 2025.

THE growth of consumption fell Since 2.4% In 2022 has 2.2% In 2023 but East expected has increase has 3.4% through 2026. China And India will be major contributors has that growth.

In the meantime, energy consumption by data centers, AI And crypto can more that double In that time lapse And exceed 1,000 terawatt hours (TWh). A third of all data centers of all types are located In THE United States.

Energy to use by data centers, AI And crypto through 2026. Source: IAE

AI will lead THE path by far, with AI power consumption expected has increase tenfold between 2023 And 2026. ChatGPT alone East expected has consume almost ten TWh by year In that period. Each ChatGPT request consumes almost ten times THE energy of A Google search.