
Light emitting diodes (LEDs) look great. They have a long lifetime. They are environmentally benign. And if that weren’t enough, LEDs used for displays and illumination save serious amounts of energy compared to the incumbent technology they aim to replace.
LEDs consume so much less energy that governments around the world are phasing out the use of incandescent bulbs. The implication of this is huge for energy savings. A new report released by the Department of Energy analyzed market segments where LEDs are competing or are poised to compete with traditional light sources (e.g., incandescent and fluorescent) for general illumination applications, outdoor lighting, and consumer electronic displays. The report findings include the following powerful statistics:Read more
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