Perhaps that's why The Volta app with a power limit of X watts works very well, i.e., its capping the wattage, I suppose even turbo boost.
Yes that is exactly what Volta is doing - putting a hard cap on the TDP. Volta however only takes one number. It can’t configure the steady-state vs turbo TDP independently.
The other VoltageShift tool appears to be able to configure both values independently, but doing so is a bit more involved as it’s a low-level command line tool that requires the user to push values in hexadecimal.