The U.S. Department of Energy (DOE) has forecasted in its annual SSL R&D plan for 2015 that by 2030 approximately 80% of all lighting fixtures in the U.S. will be LED lighting which would result in an annual energy savings of up to 395 TWh, a 60% reduction in electricity consumption, which at a commercial price of $0.10/kilowatt-hour would correspond to an annual savings of US $40 billion.

Today Philips Lumileds launched a mid-power LED, the LUXEON 3535 HV, which allows lighting manufacturers to design in high voltage drivers that are diminutive in size compared to standard drivers, enabling simplified design and lower total cost of the overall lighting solution. The company’s high voltage mid-power portfolio is available in industry leading 24V and 48V parts.