And LNG is about 5 times as expensive. That shock goes through the whole European economy. And we blew up Nordstream with the Brits and poles. Enjoy!
And gas, LNG or piped, is just a fraction of the Euro energy picture. Total cost and total supply picture isn’t catastrophic.
In Bilbao for instance, where we have a very Euro-standard mix of sources, including LNG, electric rates now are about what we were paying in San Francisco. Granted, on this matter Spain is a relatively rational country.
Actually just checked SF CA electric rates. We in Spain are paying only 60% of their current rates! That disaster is entirely on the state of California.