Geothermal power plants and Steam turbines and thermal power plants
Their prices have moved together.
Geothermal power plants (energy) and Steam turbines and thermal power plants (energy): 1 relationship.
How they are linked
1. Price link: main input
Cost and price · Moderate · Both ways
Geothermal plants use steam or binary turbines similar to other thermal plants. The US steam turbine index overlaps the turbine proxy, sharing a manufacturing cycle: 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.