In 2020, the European Commission introduced the European Green Deal to address climate change and environmental degradation, aiming to reduce greenhouse gas (GHG) emissions by 55% by 2030 and achieve climate neutrality by 2050. Buildings contribute 40% of energy consumption and 36% of GHG emissions in the European Union (EU), with heating and cooling accounting for 80% of household energy use.
In March 2024, the European Parliament updated building energy performance rules to achieve a climate-neutral building sector by 2050, and the REPowerEU initiative aims to install 10 million heat pumps by 2025. Under these circumstances, Europe is now witnessing a surge in demand for air-to-water (A2W) systems, which generate fewer CO2 emissions and environmental impacts compared to traditional fossil fuel-based heating solutions by collecting heat from the atmosphere to produce hot water, which is then circulated through a building to provide warmth.
On March 13, Yuki Kusumi, Panasonic Group Chief Executive Officer, and Hiroshi Komatsubara, CEO, Heating & Ventilation A/C Company Business Division Europe, were at the recent Mostra Convegno Expocomfort (MCE) exhibition in Milan, Italy to explain how Panasonic Corporation is leveraging innovative technologies and partnerships to respond to the growing need for energy-efficient Heating, Ventilation, and Air Conditioning (HVAC) solutions in Europe.