In the last few years, LEDs (short for light emitting diodes) have begun replacing incandescent and fluorescent lights in a number of niche applications. Although these solid-state lights have been used for decades in consumer electronics, recent technological advances have allowed them to spread into areas like architectural lighting, traffic lights, flashlights and reading lights. Although they are considerably more expensive than ordinary lights, they are capable of producing about twice as much light per watt as incandescent bulbs; they last up to 50,000 hours or 50 times as long as a 60-watt bulb; and, they are very tough and hard to break. Because they are made in a fashion similar to computer chips, the cost of LEDs has been dropping steadily. The Department of Energy has estimated that LED lighting could reduce U.S. energy consumption for lighting by 29 percent by 2025, saving the nation’s households about $125 million in the process.
the new Quantum dot lights are even more efficient than LEDs and produce better light quality and can make lights in different shapes. The light bulb is made out of metal and glass using primarily mechanical processes. Current LEDs are made using semiconductor manufacturing techniques developed in the last 50 years. But, if the quantum dot approach pans out, it could transform lighting production into a primarily chemical process. Such a fundamental change could open up a wide range of new possibilities, such as making almost any object into a light source by coating it with luminescent paint capable of producing light in a rainbow of different shades, including white.