Material Insights · Understanding the Material World

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.