An extension that attempts to clone the power mode in Atom found here : https://atom.io/packages/activate-power-mode
Feel free to fork and submit pull requests, I'm excited to see what we can add.
Unfortunately, I couldn't figure out how to get the current text colour so for now it is just customizable.
Settings can be found in the Tools > options > Power Mode menu.
https://visualstudiogallery.msdn.microsoft.com/936788cc-7213-4d48-93ae-045694781214