"the theoretical ηL limit of white LEDs (260–300 lmW−1)."
"White light emitting diodes with super-high luminous efficacy"
Nitride Semiconductor Research Laboratory, Nichia Corporation, 491 Oka, Kaminaka, Anan, Tokushima 774-8601, Japan
http://iopscience.iop.org/0022-3727/43/35/354002/
So if an LED was producing 300 lm/Watt of electrical input, it would be working at the maximum theoretical limit of white LEDs !!!!



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Actually there's probably a few things I don't quite get...