Advanced geothermal and Steel

Their prices have moved together.

Advanced geothermal (energy) and Steel (commodity): 1 relationship.

How they are linked

1. Price link: main input

Cost and price · Moderate · Both ways

Casing and tubing for deep hot wells are steel, a large part of well cost. The drilling index and steel correlate at 0.10 monthly and 0.30 yearly. Hot wells need special grades.

• 0.10 monthly change correlation
• 0.30 12-month change correlation
• 0.12 fitted elasticity

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