Bulb could save $4 Bn
The U.S. Department of Energy (DOE) has announced that Philips Lighting North America has won the first award under the Department's Bright Tomorrow Lighting Prize (L Prize) competition. DOE's L Prize challenged the lighting industry to strive to develop super high-performance, energy-saving replacements for conventional light bulbs that will save American consumers and businesses money.
The winner was announced by Dr. Arun Majumdar, DOE Senior Advisor to the Secretary and Director of Advance Research Projects Agency-Energy (ARPA-E), at a Capitol Hill event hosted by Senator Jeff Bingaman. DOE named Philips Lighting North America as the first winner in the 60-watt replacement bulb category, one of the most widely used lighting types. Philips developed a highly efficient light emitting diode (LED) product to meet the rigorous requirements of the L Prize competition — ensuring that performance, quality, lifetime, cost, and availability meet expectations for widespread adoption and mass manufacturing.
The L Prize challenge sets the goal for the winning product's energy performance extremely high. The energy-saving replacement for 60-watt conventional bulbs must use less than 10 watts of power, providing an energy savings of 83 percent. If every 60-watt incandescent bulb in the U.S. was replaced with the 10-watt L Prize winner, the nation would save about 35 terawatt-hours of electricity or $3.9 billion in one year and avoid 20 million metric tons of carbon emissions. That's enough electricity to power the lights of nearly 18 million U.S. households, or nearly triple the annual electricity consumption in Washington, D.C.
As the first L Prize entrant in the 60-watt category to successfully meet the full competition requirements, Philips will receive a $10 million cash prize as well as L Prize partner promotions and incentives.