Geothermal power plants and Waste-heat power (steam Rankine)
Their prices have moved together.
Geothermal power plants (energy) and Waste-heat power (steam Rankine) (energy): 1 relationship.
How they are linked
1. Price link: shared equipment
Cost and price · Moderate · Both ways
Geothermal plants use similar steam turbines, and their proxy is a closely related turbine index. Monthly moves correlate at 0.68, mostly because both indices cover overlapping products from the same makers.
- 0.68 monthly change correlation
- 0.53 12-month change correlation
- 0.65 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.