Gas turbines and combined cycle and Hydrogen
Their prices have moved together.
Gas turbines and combined cycle (energy) and Hydrogen (chemical): 1 relationship.
How they are linked
1. Price link: future fuel
Cost and price · Weak · Both ways
Makers now design turbines to burn hydrogen blended with gas, and eventually pure hydrogen, to cut emissions. This could link turbine demand to hydrogen supply, but for now the indices show no real link, with yearly moves correlating at just 0.13.
- -0.01 monthly change correlation
- 0.13 12-month change correlation
- 0.06 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.