Friday, February 14, 2020

Discuss the findings of the OFGEM report with regards to the UK energy Coursework - 1

Discuss the findings of the OFGEM report with regards to the UK energy market; and discuss if more competition between the big six UK energy firms may benefit UK consumers - Coursework Example The UK energy market has never experienced stiff competition from either new or existing energy supplying firms. A critical analysis of the current level of competition in energy supply proves that it is harmful to the consumers. In essence, the current competition in the energy sector has increased the energy prices and led to additional expenses to consumers. The competition among the six major energy firms in the UK is unhealthy as far as consumer welfare is concerned. Competition in the UK energy market need to be increased in order to improve service delivery and reduce the energy prices. Rise in the level of competition in the energy industry would be of great importance to the consumers. Allen, Hammond, & McManus, (2008) states that the UK energy sector has experienced several changes in the past few years. The prices for electricity and gas have been on rise, with that of gas rising at a higher rate. A research conduct from 2011 to 2013 on domestic energy prices showed that the price levels have been on an increase with no signs of decrease. The energy expense has risen by over 4% in the past ten years. Consumers have to keep on adjusting their budgets to meet the ever increasing energy expense. As a result, some customers keep on switching from supplier to supplier for better deals. However, the rate at which consumers switch from one supplier to the other is very minute and, therefore has little influence on the annual energy consumption expense (Johansson et al., 2012) The UK government has established mechanisms to move to cleaner sources of energy. Use of energy sources such as gas, coal and nuclear power produce greenhouse gases that are destructive to the ozone layer. Research has shown that the increased production of greenhouse gases has contributed to climate change. For instance, over the past ten years, climate patterns have changed and become a little bit unpredictable. In order to control discharge of harmful

Sunday, February 2, 2020

It is not good to make friends relying on the social networking Annotated Bibliography

It is not good to make friends relying on the social networking - Annotated Bibliography Example Their irresistible need to chat and connect with their friends and peers makes use of this site all-consuming. To other students using facebook, there is often a false sense of privacy whereby students post embarrassing, denigrating, hurtful and humiliating content in text, videos and photos. The journal indicates that nothing is private online, especially in the social networks. Students have been expelled from schools; others have been sued and denied admission to intern programs all because of the content they post in their â€Å"private† facebook accounts. It is therefore, not advisable to make friends relying on the social networks because of the widely recognized negative effects it has, example, hacking of accounts, stalking people, being involved with several unknown people as well as getting deprived of the real life. Maria Kalpidou is the head of psychology department of the Assumption College. This article is a copyright of Cyberpsychology, Behavior and Social Networking is the property of Mary Ann Liebert. According to Kalpidou et al., online social networking sites have achieved popularity among students of the college. Creation of facebook has revolutionized social behaviors and networking practices among the college students. In literature, the average amount of time spent on facebook ranges from one hour to two hours daily. Since it appears to be the preferred approach to networking among students of the college, little research has been done on its relationship with psychological well-being. Kalpidou et al. investigated the relationship between facebook and social adjustment, as well as a negative relationship between facebook, emotional adjustment and self-esteem among the first year and upper class students. After the examination, first year students were found to spend more time on facebook and had strong emotional connection as they reported fewer friends than the upper class students did. It was evident that the number of