Gas turbines and combined cycle and Onshore wind

Their prices have moved together.

Gas turbines and combined cycle (energy) and Onshore wind (energy): 1 relationship.

How they are linked

1. Price link: shared industry

Cost and price · Moderate · Both ways

Wind and gas turbines are made by overlapping US makers and the two price indices overlap in coverage. They share a common manufacturing cycle rather than a cost link: monthly moves correlate at 0.68 and yearly moves at 0.53.

• 0.68 monthly change correlation
• 0.53 12-month change correlation
• 1.42 fitted elasticity

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