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| Monday, 1 August 2011, 16:06 HKT/SGT | |
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Source: Panasonic | |
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SINGAPORE, Aug 1, 2011 - (ACN Newswire) - Panasonic Corporation today announced that it has agreed with the government of the Republic of Singapore to collaborate on the development and field-testing of total energy solutions at Punggol Eco-Town over the next two years. The company and Singapore's Housing & Development Board, Energy Market Authority and Economic Development Board will work together to improve energy efficiency of an existing public residential building in the eco town, using Panasonic's total energy solutions that create and save energy as well as manage power usage.
Through this agreement, Panasonic will promote its total energy solutions business in the country to help reduce energy consumption and spread the use of renewable energy and the concept of producing energy for local use. In addition, using experience and know-how it will gain from this project in a tropical country, Panasonic intends to further promote its total energy solutions business in other Southeast Asian countries.
In this project, Panasonic aims to provide total energy solutions tailored to the building that enable local energy generation for local consumption for the building's common facilities. Rooftop photovoltaic systems and lithium-ion batteries will be combined to create and store energy. In case of a power outage, the batteries will also serve as a backup energy source for such facilities as lighting in the common areas, elevators and water pumps installed in the building.
The total energy solutions will also be designed to implement demand response(1) by combining smart meters with Home Energy Management System (HEMS). Each household will have an in-home display (IHD)(2) so that the user can view how much electricity, water or gas is being used. Demand response will be achieved through Smart Energy Gateway (SEG)(3) which connects the smart meter and home appliances, such as air-conditioners.
To realize the above total energy solutions, Panasonic will develop and evaluate energy creation and storage technologies that can work in tropical climates. The field-testing will also enable to evaluate the network performance when smart meters are introduced in the existing public residential building. Technologies that enable demand response through the combined use of smart meters and HEMS will also be developed, and their energy-efficiency and comfort level will be evaluated.
Panasonic continues to contribute to society through its unique and total energy solutions that marry its energy technologies with a safe and secure living environment.
(1) Demand response is a system to control the energy consumption in a household or office through a smart meter, in the case of energy unbalance between supply and demand. It will be able to decrease the energy consumption by way of peak cut or peak shift programs.
(2) In-home displays visualize smart meter data such as power consumption of air-conditioners.
(3) Smart Energy Gateway is an equipment to link to the smart meter and home appliances and realize optimal home energy usage in each household.
Contact:
Global Public Relations Office
Panasonic Corporation
Tel: +81-3-6403-3040
Fax: +81-3-3436-6766
Topic: New Product
Source: Panasonic
Sectors: Daily Finance, Environment, ESG, Alternative Energy
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