Hydropower dams and Steel

Their prices have moved together.

Hydropower dams (energy) and Steel (commodity): 1 relationship.

How they are linked

1. Price link: main input

Cost and price · Weak · Both ways

Penstocks, gates and turbine housings are steel, and reinforced concrete uses rebar. The proxy is a US turbine price index shared by several power technologies, and it does not follow steel monthly (0.05) because equipment is priced on long contracts.

• 0.05 monthly change correlation
• -0.01 12-month change correlation
• 0.26 fitted elasticity

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