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LED Wafer Innovation May Spur Energy-Efficient Lighting Growth

The US Department of Energy (DOE) recently released a report that forecasts the energy-savings prospectus for solid-state lighting (SSL) compared with conventional white-light sources. The cumulative energy-savings potential from the predicted LED market penetration over the 2010-2030 study period is 2700 trillion-watts-per-hour (TWh), which is a savings of $250 billion at today’s energy prices and also the equivalent of 1800 million metric tons of carbon emissions.

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