Energy-intensive industry and Water
Their prices have moved together.
Energy-intensive industry (energy) and Water (commodity): 1 relationship.
How they are linked
1. Price link: pumping energy
Cost and price · Weak · Both ways
Moving water through canals and pumping groundwater uses a lot of electricity, so power costs set part of the delivered cost of water. The rights index, however, prices scarcity rather than delivery, and shows almost no relation to the industrial power index (0.04 monthly).
- 0.04 monthly change correlation
- -0.10 12-month change correlation
- -0.38 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.