Compressed-air and CO2 storage and Mechanical power transmission

Their prices have moved together.

Compressed-air and CO2 storage (energy) and Mechanical power transmission (energy): 1 relationship.

How they are linked

1. Price link: shared machinery

Cost and price · Strong · Both ways

Compressors and gearboxes are made by similar machinery firms and follow the same industrial cycle. The two indices correlate at 0.41 for monthly moves and 0.91 for yearly moves, a common driver rather than a direct input.

• 0.41 monthly change correlation
• 0.91 12-month change correlation
• 1.30 fitted elasticity

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