Light energy is an important factor for plant growth. In regions where the natural light source (solar radiation) is not sufficient for growth optimization, additional light sources are being used. Traditional light sources such as high pressure sodium lamps and other metal halide lamps are not very efficient and generate high radiant heat. Therefore, new sustainable solutions should be developed for energy efficient greenhouse lighting. Recent developments in the field of light source technologies have opened up new perspectives for sustainable and highly efficient light sources in the form of LEDs (light-emitting diodes) for greenhouse lighting. This review focuses on the potential of LEDs to replace traditional light sources in the greenhouse. In a comparative economic analysis of traditional vs