> If this can continue along with the current weather forecast this winter does not look that bad and gas prices should move towards a stable level albeit materially higher than before the Ukraine invasion, likely around 100 euro for TTF
The average price before all this inflation took off was of about 15 euros for TTF. When, last October, the price had reached 130 euros for TTF (meaning the current level), the EU was all up in arms against the "speculators" [1]. All this to say that even a 100 euro per TTF price won't do any good in the medium to long term for most of the European industry, meaning they'll have to go bust.
The average price before all this inflation took off was of about 15 euros for TTF. When, last October, the price had reached 130 euros for TTF (meaning the current level), the EU was all up in arms against the "speculators" [1]. All this to say that even a 100 euro per TTF price won't do any good in the medium to long term for most of the European industry, meaning they'll have to go bust.
[1] https://euobserver.com/green-economy/153295