We're already seeing savings
In live events, LED sources are already saving significant quantities of electricity. And, yes, at the same time, people are using more and more fixtures, but they use so much less electricity than the discharge / incandescent predecessors that a real decrease in energy usage is happening.
Even more so where it comes to outdoor temporary events. Using LED can mean a more impressive stage / better lit site, while needing a smaller generator, less diesel and smaller, lighter cabling.