Panasonic Partners with ATCO Australia in Latest Renewable Energy Initiative

Since its foundation in 1918, Panasonic has been committed to improving people’s well-being through innovation and the creation and development of technologies. In the midst of the profound challenges posed by climate change, Panasonic has reaffirmed its commitment to fighting global warming by announcing Panasonic GREEN IMPACT (PGI), a long-term environmental vision and commitment to bolster the company’s contribution to global decarbonization efforts towards achieving a carbon-neutral society by 2050.

With greater focus on sustainability, the company has been actively re-thinking the ways electricity is produced, stored and used and finding ways to expand the adoption of renewable energy sources that include the full-scale use of hydrogen. Most recently, Panasonic Australia has announced its partnership with engineering, logistics and energy company ATCO Australia, to install its 5kW pure hydrogen fuel cell generator at the ATCO Clean Energy Innovation Hub (CEIH) in Jandakot, Western Australia. The project is the first Australian test demonstration of Panasonic’s innovative pure hydrogen fuel cells.

Hydrogen has potential to meet 24% of global energy needs by 2050

Companies pursuing a net zero goal will seek to utilize all available renewable energy sources—including solar, wind, geothermal, hydropower, and biomass. Some have drawbacks, including large output variations depending on weather conditions and the inability to adjust power generation to cope with demand. 

Hydrogen, one of the most abundant substances on earth, can be used as thermal energy and electric power without emitting CO2. Hydrogen fuel cells produce the highest proportion of electricity of any combined heat and power technology as an adjustable and decentralized solution, reducing dependence on centrally generated power while saving carbon emissions. In fact, analysts from the European Commission estimate that a firm commitment to clean hydrogen research and development could position it to meet 24 percent of the world’s energy needs by 2050. 

Panasonic believes that hydrogen’s abundant supply and inherent flexibility makes it an essential component in its own journey towards net zero under its PGI initiative.

Source : Panasoic

More information about renewable energy

https://greenerenergygroup.co.uk/renewable-energy-and-how-we-can-utilise-it/

Member Registration

Related Stories