Material Insights · Understanding the Material World

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.