Hydropower dams and Natural gas

Their prices have moved together.

Hydropower dams (energy) and Natural gas (energy): 1 relationship.

How they are linked

1. Price link: rival source

Cost and price · Weak · Both ways

Gas plants often fill the gap when dry years cut hydro output, and gas prices set the value of flexible hydro power. The turbine proxy does not follow gas, with monthly moves at -0.05.

• -0.05 monthly change correlation
• -0.02 12-month change correlation
• 0.06 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.