Rising Demand for LED Lighting
The rising demand for environmentally friendly lighting sources that are supported by economic development along with major developments in technology are boosting the demand for LED lighting in China, a major manufacturer of LED lighting.
The LED market size climbed 58% to US$15.8 billion in 2010 from US$10 billion. The market size of LED for LCD TV backlight has actually boomed in recent years.
LED is currently the most popular investment topic in the electronic field. Take the MOCVD equipment of LED upstream as an example, the estimated shipments expected to reach the U.S. in the next 10 years.
Among major energy sources in the United States is renewable energy, of which residential consumers and commercial buildings are primary sources of usage. Oil provides a mere 1% of the generated electrical power in the United States.
With this significant shift to renewable energy is becoming more and more prominent, it begs the question; What Will be the source of our renewable energy?
Understanding the different energy sources and their uses provides insights into many important energy issues, including how sustainable the energy sources might be and just as importantly for the U.S., how many new green jobs will this source potentially create?
One surprising statistic is that the electric power sector has seen large changes in the fuel mix. A little over 50 years ago, nuclear energy played no role in electric power generation, but in 2010, nuclear energy provided 21% of the energy used to generate U.S. electricity.
Oil provided a growing share of energy for electric generation through the 1960s, but its share has declined to 1% in 2010 since peaking at 18% in 1973.
Primary energy is used in residential and commercial buildings (including homes, businesses, schools, and churches), in transportation, and by industry. Primary energy is also used to generate electricity.
Beginning in 2012, common light bulbs sold in the U.S. will typically use about 25% to 80% less energy. Many bulbs meet these new standards, including incandescents, CFLs, and LEDs, and are already available for purchase today. The newer bulbs provide a wide range of choices in color and brightness, and many of them will last much longer than traditional light bulbs. The lighting standards, which phase in from 2012-2014, do not ban incandescent or any specific bulb type; they say that bulbs need to use about 25% less energy. The bipartisan Energy Independence and Security Act of 2007 (EISA 2007) established these efficiency standards.
Measuring Light in Lumens
The new efficiency standards require light bulbs to consume less electricity (watts) for the amount of light produced (lumens). More traditional inefficient 100 watt (W) bulbs—typically incandescent bulbs—will give way to choices—including newer incandescent bulbs—that use only 72 watts or less to provide you a comparable amount of light (lumens). If you are replacing a 100W bulb, a good rule of thumb is to look for a bulb that gives you about 1600 lumens. Your new bulb should provide that level of brightness for no more than 72W, cutting your energy bill. Learn more about lumens.
As of January 1, 2012, traditional, inefficient 100W incandescent light bulbs will not meet the standards and will no longer be available at most stores.* However, you will have many other options that will save you money. Many of these choices are already on store shelves.
Similar standards will phase in for other types of light bulbs over the next three years. Traditional 75 watt incandescent light bulbs will no longer be available as of January 1, 2013. Traditional 40 and 60 watt incandescent light bulbs will no longer be available as of January 1, 2014.**
New Lighting Standards Will Save You Money
The savings can add up. Upgrading 15 inefficient incandescent bulbs in your home could save you about $50 per year. Since most of the bulbs also have longer life spans, you'll continue to save into the future. Nationwide, lighting accounts for about 10% of home electricity use. With new EISA standards, U.S. households could save nearly $6 billion dollars in 2015 alone.
Various specialty bulbs, including appliance bulbs, heavy-duty bulbs, colored lights and three-way bulbs, are exempt from the new standards.
Consumer Reports has spent the majority of this year testing the quality and standards of LED light bulbs and their claims with surprising results. For a brief look at what Consumer Reports discovered and to make an informed decision for yourself see Clark Howards’ segment on LED and why you should consider them.