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clipped from www.dailytech.com
Chinese researchers have LED manufacturing breakthrough that could lead to new white LEDs for indoor use
It's believed about 20 percent of all electricity used across the world is currently used to light homes, businesses and other buildings.  For households and buildings still using incandescent bulbs, it's possible 95 percent of the energy flowing through them is being wasted.  
Furthermore, the US Department of Energy previously said LEDs could help reduce the country's national energy consumption by 30 percent by 2025.  If true, that will help households in the U.S. save $125 billion total in power bills per year.
Chinese researchers are working on a new LED that consists of cheap, inexpensive plastic-like organic materials that could help boost efficiency.  The new "tandem" structure allows it to produce up to 50 percent more light as LEDs used today, including white light that is necessary in homes and businesses.
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