Geothermal power plants and Natural gas
Their prices have moved together.
Geothermal power plants (energy) and Natural gas (energy): 1 relationship.
How they are linked
1. Price link: rival source
Cost and price · Weak · Both ways
Gas plants compete with geothermal for steady power, and high gas prices improve the case for new wells. The turbine proxy does not follow gas, with monthly moves at -0.05.
- -0.05 monthly change correlation
- -0.02 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.