# Advanced geothermal and Geothermal power plants

Their prices have moved together.

Source page: https://www.materialinsights.org/links/advanced-geothermal-and-geothermal-power-plants/

[Advanced geothermal](https://www.materialinsights.org/energy/e_adv_geo/) (energy) and [Geothermal power plants](https://www.materialinsights.org/energy/e_geo_power/) (energy): 1 relationship.

## How they are linked

### 1. Price link: shared drilling

*Cost and price · Weak · Both ways*

Conventional and advanced geothermal both depend on drilling, the largest and riskiest cost. The US drilling index and the turbine proxy show little link, with monthly moves at 0.05 and yearly moves at 0.28.

- **0.05** monthly change correlation
- **0.28** 12-month change correlation
- **0.25** fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.