Let's say I have a 3 watt LED I don't know anything about. Can I apply any combination of voltage and current to it as long as it adds up to 3 watts of power? Can I power it with 30 volts and 0.1 A just as easily as with 0.1 volts and 30 A? Both configuration add up to 3 watts of power.
nope because the gate thing doesnt trigger unless there is enough voltage to run that gate.
the electronic things in there that put out the light have very specific voltages they operate at.
if you power with 30V at.1-1.0 amps because your fully controlling the "current" the led will still only reach the voltage at that current.
and example of that is a 30V bench power supply set to fully control tha max current to the led. the actual voltage at the led will not be 30.
to control the current , they are "controlling the voltage" to reach that current level. so (again) the voltage read across the led will still be what it would be "at that current"
if you slammed it with 30V and did not control the current, then you would get only the magic smoke.
if you hit it with 1V , you will get nothing, because the electronic gate has not triggered.
they do have leds that are in "Arrays" where the voltage of the string of leds together is much higher, but still each led item in the array works at a specific voltage (and current).
It is best TO control the current to run the led, while that means controlling the voltage potential, it is still preferable to control the current and not the voltage, although it is completly possible to control the voltage by "the design" and therin be controling the current.