# Geothermal power plants and Waste-heat power (steam Rankine)

Their prices have moved together.

Source page: https://www.materialinsights.org/links/geothermal-power-plants-and-waste-heat-power-steam-rankine/

[Geothermal power plants](https://www.materialinsights.org/energy/e_geo_power/) (energy) and [Waste-heat power (steam Rankine)](https://www.materialinsights.org/energy/e_whr_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.