Jakub works as an Economics Commentator at RSJ, a Prague-based investment company with interests in the energy industry. In this capacity, he publishes articles on various economic topics, including energy issues. In addition, Jakub is a PhD candidate at Charles University in Prague where he is specialising in the energy policy of the Russian Federation, in particular on the interplay between its energy sector and the economy as a whole. In Jakub´s opinion, markets should play a major role in the energy industry. Unfortunately, today´s prices on the energy markets do not reflect all the costs of energy generation, distribution and consumption. For instance, electricity prices at the Leipzig exchange depend heavily on the cost of power generation, while customers pay for the other costs, such as distribution, on a non-market basis. Not to mention the virtual exclusion from the market system of some energy policy goals, such as foreign-policy issues.