I was working from the idea of "pan"+"nel"+"ah"... along with the pun/similarity to "Pamela" so who the heck knows. I mean, look at Ruffel, she was named for the ruffles in her clothes, but who knows what the actual name means in elfish. I think in Panelah's case, though, she might view her bread-making as a way of providing light and life to those around her. Feeding the soul as she feeds the body. After all, elves cannot live by bread alone, but try and live without it and see what happens.