This can be done with modern high-power LEDs e.g. the
luxeon series which are already used as daytime running lights on some new cars.
White LEDs are roughly the same efficiency as normal halogen lamps but have the advantage of very long life (50,000 hours - much longer than fluorescents), very high reliability and ability to focus the light very accurately, if needed. Note that they use much more power than fluorescent lamps, and most white LEDs give much lower quality colour reproduction. Some very new white LEDs have been optimised for precise colour reproduction (better than most premium flourescents), but sacrifice some light output.
LEDs are also extremely small so can be installed in places where conventional fluorescent or incandescent lighting may not fit. Worktop lighting e.g. in kitchens seems a logical place to use them (though due to the colour distortion problems, this may not be ideal - meat doesn't look very appetising if it has a blue tinge).
LEDs are also expensive - 100 W of LED lighting would cost you over $1,000.