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BBCNEWS Asia Business Report June 4, 2024 00:35:00

Everything to try to get as much everything to try to get as much renewable energy into the ground much renewable energy into the ground as much renewable energy into the ground as soon as possible. we know ground as soon as possible. we know that s the cheapest way to replace know that s the cheapest way to replace the aging and retiring coal fired power. it s a complicated process. we re doing complicated process. we re doing the industrial revolution in about doing the industrial revolution in about 15 years. our priority in about 15 years. our priority in new in about 15 years. our priority in new south wales and mine as the minister for climate change is to the minister for climate change is to make sure that we do our bit is to make sure that we do our hit to is to make sure that we do our bit to reduce our emissions as quickly bit to reduce our emissions as quickly as bit to reduce our emissions as quickly as possible. quickly as possible. energy rices quickly ....

Industrial Revolution , New South Wales , Energy Prices , Climate Change , Energy Rices , Transmission Lines , Distribution Network , Community Battery ,

BBCNEWS Asia Business Report June 4, 2024 01:36:00

The artwork for the community battery explores the indigenous concept, that it s everyone s responsibility to care for the land. it s finalising a set of incentives for companies while holding discussions with major firms like tesla. earlier, i spoke to a representative who explained the benefits. three reasons one, indonesia has the largest reserves. second, it s the biggest market in south east asia. and, third, government policies that are getting more and more conducive towards attracting investments. and also to stimulate user demand. and also to stimulate user demand- and also to stimulate user demand. , ,, ., ., , demand. despite all of this, ou demand. despite all of this, you know. demand. despite all of this, you know, the demand. despite all of this, you know, the efforts - demand. despite all of this, you know, the efforts and i demand. despite all of this, | you know, the efforts and the government in indonesia has made, is it too little, too ....

Community Battery , Holding Discussions , You Demand , Government Policies , User Demand , South East Asia ,

BBCNEWS Asia Business Report June 4, 2024 01:34:00

Unaffordable. so, she does what she can to beat the winter chill but worries about the future. ., , . , future. power prices will increase future. power prices will increase by future. power prices will increase by 20-25%. - future. power prices will increase by 20-25%. i. future. power prices will - increase by 20-25%. i cannot increase by 20 25%. i cannot afford that. i don t know how we re going to survive this time with a huge cost of living rising, the rise of energy bills and, you know, really extreme weather. western sydney s extreme weather. western sydney s first extreme weather. western sydney s first community l sydney s first community battery stores excess solar energy from nearby houses. residents without rooftop panels can join the scheme that aims to reduce soaring bills. protection from the heat, from the cold, and at the end of the day, they find they cannot afford it. day, they find they cannot afford it day, they find they cannot afford it. , , afford it. s ....

Power Prices , Hi Future , Western Sydney , Energy Bills , Community Battery , Extreme Weather , Community L Sydney , Rooftop Panels ,

BBCNEWS World Business Report June 4, 2024 04:49:00

But worries about the future. power prices will increase by 20 25%. i cannot afford that. i don t know how we are going to survive this time, with a huge cost of living rise, the rising of energy bills and, you know, really extreme weather. western sydney s first community battery stores excess solar energy from nearby houses. residents without rooftop panels can join the scheme that aims to reduce soaring bills. people need protection from the heat, from the cold, and at the end of the day, they are finding they cannot afford it. so i believe these patches right across the board will play a dynamic role in reducing costs for our communities. that s what it s all about. and australia s politicians are feeling a sense of urgency. look, we just have to do everything we can to try and get as much renewable ....

Power Prices , Community Battery , Western Sydney , Energy Bills , Rooftop Panels ,

BBCNEWS World Business Report June 4, 2024 04:50:00

Energy into the ground as soon as possible. we know that s the cheapest way to replace the ageing and retiring coal fired power. it s a complicated process, we re doing the industrial revolution in about 15 years. 0ur priority in new south wales, and mine as the minister for climate change, is to make sure we do our bit to reduce our emissions as quickly as possible. energy prices in australia are fuelled by various factors high inflation has had a major impact. there have been expensive upgrades to ageing transmission lines and distribution networks. then there s volatility in global energy markets, caused by the war in ukraine. it s a real pressure for families and businesses, as well, to accommodate those rising costs, you know, a fifth or a quarter is a largejump. in the longer term, what we are hoping is that renewable electricity will also drive down the costs. as we become more self sufficient in australia. the artwork for the community ....

Industrial Revolution , Energy Prices , New South Wales , Ageing Transmission Lines , Distribution Networks , 0ur Priority , Climate Change , Global Energy Markets , Community Battery ,