I have used 400 watt metal halide greenhouse grow lights in the past that have burned beautiful 6 color simulated process screens with 50lpi halftones. Depending on the emulsion, it would take about 4-6 minutes on average(using 400 watts). I am not sure about 150 watts though... I think its a combination of the light spectrum as well. I am not sure how much wattage affects the time. I am sure it will work, it just about using a step wedge to test your burn time.
You can find step wedge instructions here:
Stencil Exposure Testing
instead of using the rubylith film, you can use a piece of posterboard or anything that will block UV light....