Aviation propulsion and Gas turbines and combined cycle

Energy flows from gas turbines and combined cycle to aviation propulsion; their prices have moved together.

Aviation propulsion (energy) and Gas turbines and combined cycle (energy): 2 relationships.

How they are linked

1. Energy flow

Physical flow · 22% of flow · Gas turbines and combined cycle → Aviation propulsion

Jet engines are gas turbines that produce thrust.

• 22% of Gas turbines and combined cycle's energy goes this way

2. Price link: shared technology

Cost and price · Weak · Both ways

Industrial gas turbines and jet engines share designs, alloys and often makers. Their indices correlate at 0.15 monthly and 0.29 yearly, a modest link because aircraft engine prices follow airline orders while power turbines follow electricity demand.

• 0.15 monthly change correlation
• 0.29 12-month change correlation
• 0.84 fitted elasticity

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