In
the drive to save energy, attention is often focused on things like automobile
efficiency, along with reducing the energy required for heating or cooling, or
the power required to operate the machinery of business. But an important
technological revolution has been steadily progressing in an area of energy
consumption that affects virtually every part of modern life. It’s the area of
lighting, something obviously required for all business, residential, and automotive
use. According to the U.S. Energy Information Administration, roughly 12% of
all electricity consumed in the U.S. goes to lighting, amounting to 461 billion
kilowatt-hours. The technological development that is now beginning to
revolutionize this ubiquitous aspect of daily life is the rapidly evolving
field of LED lighting.
Since
the time of Edison, light has essentially been a byproduct of heat. Even today,
an incandescent light source is primarily, if unintentionally, a heater. That
is to say, well over 90% of the energy used to run a standard incandescent
light bulb goes to heat, not to light. In cool climates, a little extra heat is
not usually a problem, but it is still an unmanaged outflow of energy, forcing
the user to pay for a lot of heat in order to get a little light.
The
invention of fluorescent lighting, and today’s compact fluorescent lights, was
a major step, greatly increasing the amount of light generated per watt of
energy consumed, but fluorescent lighting brought with it a number of limitations
in terms of applications and quality of light output. Other technologies have
also been tried, but costs and other factors make them less practical as an
overall solution.
LED
lighting represents a qualitative shift in our approach to lighting, extracting
light directly from solid state light emitting diodes. It’s a technology that
has been far more flexible than traditional approaches, resulting in cost,
efficiency, and quality improvements that now make it the base lighting
technology for future applications. The most important property of LED lighting
is its efficiency. The U.S. Department of Energy sees LED lighting as the
single most efficient form of lighting available, repeatedly shown to be the
most cost effective lighting source available.
ForceField
Energy is the exclusive distributor in the America’s of a major global LED
producer, but has gone one step further by setting up a financing and payback
plan for businesses that makes outfitting companies with LED lighting an
obvious and compelling choice, resulting in sales to a growing number of
companies, including Fortune 500 companies. This is especially important
because the global LED lighting replacement market is estimated to represent a
trillion dollar opportunity.
For
more information, visit www.ForceFieldEnergy.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html