Hydrogen storage and Salt
Their prices have moved together.
Hydrogen storage (energy) and Salt (commodity): 1 relationship.
How they are linked
1. Price link: cavern host
Cost and price · Weak · Both ways
Salt caverns are the cheapest way to store large volumes of hydrogen because salt is gas-tight. The salt index shows no link with the hydrogen proxy, with monthly moves at 0.00, since cavern cost depends on geology rather than salt prices.
- -0.00 monthly change correlation
- -0.12 12-month change correlation
- 0.21 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.