by Brunello Rosa and Marco Lucchin

In this paper, we discuss:

  • The new Digital-Energy paradigm: the 21st century technological convergence;
  • A new theoretical perspective on crypto energy Consumption: from externality to intrinsic value;
  • Cryptocurrency and blockchain energy evolution: data, trends, and strategic implications;
  • CBDCs and Stablecoins: energy efficiency and macroeconomic implications;
  • AI’s explosive energy demand: projections and systemic implications;
  • Nuclear-digital infrastructure synergy: Big-Tech’s new strategic alliance; and 
  • Geopolitical nuclear competition: the new technological arms race.

Download PDF: Digital Energy October 2025

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