Philips Lighting wins L Prize competition
Philips Lighting North America has won the 60W replacement bulb category in the Bright Tomorrow Lighting Prize with a 10W LED solution.
The prize, also known as the L Prize, was awarded by the US Department of Energy and offers a $10 million cash prize.
The competition challenged the lighting industry to develop high performance, energy-saving replacements for conventional lamps.
Submitted in 2009, the Philips LED lamp successfully completed 18 months of field, lab and product testing to meet the requirements of the competition.
“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 L Prize targets the 60W lamp because it is one of the most widely used by consumers, representing roughly half of the domestic incandescent light bulb market.
It has been estimated that if every 60W incandescent bulb in the US was replaced with a 10W lamp, the US could save about 35 terawatt-hours of electricity or $3.9 billion in one year and avoid 20 million metric tons of carbon emissions.