Watts is a measurement of electricity (Watts = Volts X Amps)
Lumen (Luminous Flux, often referred to as LUX) is a measurement of light visible to the human eye.
While Lumen can give you a sense of how "bright" the light appears, it's a poor measurement for Coral. The best measurement for Reef use is
PAR (Photosynthetic Active Radiation.) This is the amount of light falling within roughly 400nm~700nm which is used by corals for photosynthesis.
Light can appear very bright, yet not support coral growth (or worse, promote algae growth) based on the spectrum. The opposite is also true - LEDs generate tons of light within the
PAR spectrum. While the LED light output may appear "less bright", it contains much more
PAR and better supports coral growth. Many new to LEDs initially bleach their tank as they significantly underestimated the amount of
PAR being produced.
The bottom line is neither Watts not Lumen is a good measurement of the effectiveness of Reef lighting. Try to find
PAR values.