DOE Report Forecasts $120 Billion Saved by 2030 with Solid-State Lighting

The market for solid-state lighting promises to be huge, but how huge is an open question. The U.S. Department of Energy last month released analysis of the energy-savings potential over the next 20 years for general-use solid-state lighting (SSL) compared with incandescent and fluorescent light sources. The report estimates that if solid-state lighting hits certain price and performance targets, a widespread conversion to SSL (primarily LED and OLED) could save almost 1,500 terawatt-hours of

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