Electric Industry Essay Example | Topics and Well Written Essays - 500 words - 1

Electric Industry - Essay Example The competition in the electricity industry is not as complex as it seems. What has happened is players have always believed that one electricity firm can supply the entire demand at a considerably lower cost than multiple electric firms serving the appropriate market. From this basis they conclude that electric transmission and distribution must always be to be regulated, since in the absence of energy regulation, transmission and effective electricity distribution owners may not face enough competition in the industry to ensure prices are kept low to consumers and to attain economic efficiency in electricity transmitting and distributing. This is, however, the case with many other natural monopolies in the industry. Natural monopolies exists where the largest supplier in an electricity industry, often also the first supplier in a market, has a significant cost advantage over other real or potential competitors; this has always tended to be the case making competition in electricity industry seem complex. The same is the case in the same industry where fixed costs prevail, generating economies of scale that are huge in relation to the market size, as is the case in water and electricity services. This has led to complexity as these electricity firms take advantage of economies of scale and causes problems of bureaucracy and inefficiency. As with all monopolies in electricity market, monopolies who have gained their position on natural monopoly effects could be involved in behavior that abuses their market position, which always leads to calls from various consumers for government regulation. Encouraging competition in the electricity industry is not as complex but requires massive investment by private sector investment as the initial capital is many times massive thus discouraging players and this minimized competition. This would especially start with deregulation that normally lacks monopoly, and these go a long way in encouraging new

The City Hall of Los Angeles Essay Example | Topics and Well Written Essays - 1250 words

The City Hall of Los Angeles - Essay Example The pride of the nation is clearly manifested by the fact that the top of City Hall's tower was designed to resemble the Mausoleum at Halicarnassus, one of the Seven Wonders of the Ancient World. The City Hall of Los Angeles is another building that represents the pride of a powerful nation in the 21st century just as El Escorial stood as a sign of a great nation in the 16th century. These two structures served their purpose of showing to the world what the country they represent was capable of doing in terms of arts, engineering, and science and technology. There are several aspects where we can equate this two architectural figures against each other. We can examine as to their purpose and usability, the motive of its conceptualization, the approach and styles the structures were developed, and their respective contributions to the history of architecture and structural engineering. This essay digs down into the essence of these facts and would try to explain them. There maybe other landmarks in the United States and the world greater than the City Hall but once in recent history it brought pride to the nation because of its structural magnificence and proportion. Besides, this structure also represents the advancement of a nation in terms or economy, culture, and science and technology. ... The building of such enormous structure serves to remind the nation of its capabilities. Speaking of the structure as a show of economic might, the LA City Hall is built in a highly progressive city within an economically superior state which is part of a super powerful nation. It represented the government being the based of its management and operation. It was built from materials obtained from different parts of LA which clearly show that its creation is a pooling of everyone's pride. The building stood in a place where nature is so unfriendly LA being in a fault and a seismic hazard. Yet it rose to the top undaunted by this geologic challenge. The gamble could only be best when the sophistication of modern architecture combined with science and technology warrants more that fifty percent of survival. It indeed survived the challenge, proof to that is it still exists today. As further evidence to the technological advancement of its structural systems, the seismic retrofit at Los Angeles City Hall was selected as a winner in Buildings magazine's 2003 Modernization Awards among other awards and citations. One important culture of the people that pushed for the building of LA structure is risk taking attitude. Taking the challenge in a rational way and making use of creative thinking and harnessing available resources and good minds makes nothing impossible. For the creative developers some things are just difficult but never impossible. Added into its pride was designing the top of City Hall's tower to resemble the Mausoleum at Halicarnassus, one of the Seven Wonders of the Ancient World. Today with continuous upgrading and reinforcing the LA City Hall survived the challenges of times. Newer structures around the