In the video, Steve Landau, director of marketing and communications at Philips Lumileds (San Jose, CA) explains the Philips L Prize entry.
The U.S. Department of Energy has announced that Philips Lighting North America has won the 60-watt replacement bulb category of the Bright Tomorrow Lighting Prize (L Prize) competition.
Submitted in 2009, the Philips LED bulb successfully completed 18 months of intensive field, lab, and product testing 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. 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.
"We looked at the L Prize challenge as an opportunity to innovate and develop an energy efficient alternative to a product that has remained largely unchanged for over a century," said Zia Eftekhar, CEO of Philips Lighting North America.
Launched in 2008, the Energy Department's L Prize competition targets the 60-watt bulb because it is one of the most widely used types of light bulbs by consumers, representing roughly half of the domestic incandescent light bulb market. The L Prize-winning 60-watt equivalent LED bulb from Philips could arrive in stores as soon as early 2012.
Full story from the Department of Energy