White LEDs will revolutionize lighting in the next few years. They work using electroluminescence, where current passing through a semiconductor diode causes it to emit light. White light can be generated using blue LEDs coated with phosphor, or by combining red, green, and blue LEDs. Challenges include thermal management and electrical compatibility with mains power. Compared to other lights, LEDs have longer lifetimes, lower energy usage, and no toxic materials like mercury. While prices are currently high, LEDs are being used for applications like street lights and retail displays.