Hydrogen storage and Natural gas
Their prices have moved together.
Hydrogen storage (energy) and Natural gas (energy): 1 relationship.
How they are linked
1. Price link: feedstock
Cost and price · Weak · Both ways
Most hydrogen is made from natural gas, and gas storage offers the template for hydrogen caverns. The hydrogen index shows no link to the European gas price, with monthly moves at 0.05, because merchant hydrogen is sold on long contracts.
- 0.05 monthly change correlation
- -0.00 12-month change correlation
- -0.02 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.