Institute of Standards and Technology shall seek to enter into an agreement with the National Academies of Sciences, Engineering, and Medicine (in this section referred to as the National Academies ) to conduct the analysis under subsection (b) and submit the report under subsection (c). (b) Analysis Under an agreement between the Director and the National Academies entered into pursuant to subsection (a), the National Academies shall conduct an analysis of matters relating to energy consumption by distributed ledger technologies, including analysis of the following topics as they pertain to such technologies: (1) Evidence-based analysis of energy consumption by proof of stake and proof of work consensus mechanisms relating to distributed ledger technology generally. (2) Industry best practices to reduce energy consumption using proof of stake and proof of work consensus mechanisms. (3) Recommendations for legislative or administrative action to reduce energy consumption and incentivize energy efficiency across related industries. (c) Report Under an agreement entered into between the Director and the National Academies under subsection (a), the National Academies shall, not later than 1 year after the date of the enactment of this Act, submit to the Director, the Secretary of Energy, the Committee on Energy and Natural Resources and the Committee on Environment and Public Works of the Senate, and the Committee on Energy and Commerce and the Committee on Natural Resources of the House of Representatives a report containing the findings of the National Academies with respect to the analysis under subsection (b) and a detailed description of such analysis. 906. Report on distributed ledger applications in energy (a) In general Not later than 1 year after the date of enactment of this Act, the Secretary of Energy shall submit to the Committees on Energy and Natural Resources and Environment and Public Works of the Senate and the Committees on Energy and Commerce and Natural Resources of the House of Representatives