Gas turbines and combined cycle and Nickel

Gas turbines and combined cycle needs nickel; their prices have moved together.

Gas turbines and combined cycle (energy) and Nickel (commodity): 2 relationships.

How they are linked

1. Material need

Physical flow · Direct · Nickel → Gas turbines and combined cycle

Building or running Gas turbines and combined cycle needs nickel.

2. Price link: alloy input

Cost and price · Moderate · Both ways

The hottest blades and vanes are made from nickel superalloys. Nickel's swings are far larger than the index, which correlates at 0.01 monthly, since metal is a small part of a turbine's price compared with engineering, machining and the makers' pricing power.

• 0.01 monthly change correlation
• -0.41 12-month change correlation
• -0.17 fitted elasticity

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