Compressed-air and CO2 storage and Salt
Their prices have moved together.
Compressed-air and CO2 storage (energy) and Salt (commodity): 1 relationship.
How they are linked
1. Price link: cavern host
Cost and price · Weak · Both ways
The cheapest storage uses caverns dissolved out of underground salt layers by solution mining, which also produces brine. The salt index shows little relation to the compressor proxy, with monthly moves at 0.07.
- 0.07 monthly change correlation
- -0.20 12-month change correlation
- 1.72 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.