If you have torchiere fixtures with halogen lamps, consider replacing them with compact fluorescent torchieres. Compact fluorescent torchieres use 60% to 80% less energy and can produce more light (lumens) than the halogen torchieres.
If your home renovation requires new walls, you may want to consider using metal studs. They have many advantages in a basement area, where moisture and insects can be a problem. Metal studs are easy to assemble, and you can pre-cut several at once with a carborundum blade on a power saw. Then, they quickly fasten together with self tapping-screws. Metal studs are lightweight, fireproof, and recyclable.