LEDs Can Save More Electricity Than Solar Can Produce [Headlines]
Saving energy can be easier and more efficient than producing new renewable energy.
LED lighting can save more electricity than solar will produce, according to LED pioneer Roland Haitz, former chief technology officer, semiconductor products group, Hewlett-Packard (later Agilent).
“20 percent of the world’s electricity that’s generated is used for lighting. Three quarters of that can be saved by using LEDs; 15 percent of today’s electricity consumption can be saved,” he said at the Economist’s Innovation Summit.