High-CRI LED lighting
The color rendering index (CRI) of a light source is a quantitative measure of its ability to reproduce the colors of various objects faithfully in comparison with an ideal or natural light source. In general terms, CRI is a measure of a light source's ability to show object colors "realistically" or "naturally" compared to a familiar reference source, either incandescent light or daylight.
CRI is significant because it has been the most difficult metric for incandescent replacement light bulbs to match (while maintaining high efficiency) and therefore the most frequently ignored (the CRI value appears on only a very small percentage of LED product packaging). For that reason, LED light bulbs with a high CRI can be worthy replacements for incandescent light bulbs. Most LED lights do not have a CRI above 90. For example, the top bulbs listed in the 2016 Consumer Review only have a CRI of 80.
Calculation of CRI
CRI is calculated from the differences in the chromaticities of eight CIE standard color samples (CIE 1995) when illuminated by a light source and by a reference illuminant of the same correlated color temperature (CCT), commonly measured in Kelvins, indicating the light color produced by a radiating black body at a certain temperature; the smaller the average difference in chromaticities, the higher the CRI. A CRI of 100 represents the maximum value. Lower CRI values indicate that some colors may appear unnatural when illuminated by the lamp. Incandescent lamps have a CRI above 95. Cool white fluorescent lamps have a CRI of 62, however fluorescent lamps containing rare-earth phosphors are available with CRI values of 80 and above.
For CCTs less than 5000 K, the reference illuminants used in the CRI calculation procedure are the SPDs (Spectral Power Distribution) of blackbody radiators; for CCTs above 5000 K, imaginary SPDs calculated from a mathematical model of daylight are used. These reference sources were selected to approximate incandescent lamps and daylight, respectively.
The CRI measure in use today (2017) was developed by the CIE in 1974 and slightly updated in 1995.  The measure has two main flaws. Its color differences are measured in a hardly uniform color space. Its color sample set has just 8 items, which is much too few to test lights with complex spectra. A light manufacturer can to tune its spectral power distribution to the sample set so as to achieve an unrealistically high CRI. In 2015 the IES (Illumination Engineering Society) produced a modern replacement to the CRI measure.  It uses a newer color space and 99 color samples. In 2017 the CIE published an almost identical measure , but it did not deprecate its 1995 CRI measure.
CRI has been challenged, because fidelity to reference illuminants such as correlated color temperature (CCT) is not all that measures the quality of the illumination. Some CCTs can be preferred by some people, so scoring 100 at one CCT does not imply equal illumination quality as scoring 100 at another CCT. The "warmer" light colors, such as a 2700K incandescent bulb or a 1700K candle light are more easily reproduced than more neutral white lights, such as 4800K direct sunlight, and thus usually have higher CRI ratings in alternative light sources such as CFL and LED bulbs; "warmer" light (more red) naturally renders colors less accurately. Think of how the world looks at sunset (2000K) compared to high noon (5600K).
Problems have been encountered attempting to use LED lighting on film and video sets. The color spectra of LED lighting primary colors does not match the expected color wavelength bandpasses of film emulsions and digital sensors. As a result, color rendition can be unpredictable in optical prints, transfers to digital media from film, and video camera recordings. This phenomenon with respect to motion picture film has been documented in an LED lighting evaluation series of tests produced by the Academy of Motion Picture Arts and Sciences scientific staff.
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