Lithium iron phosphate batteries and Small, airborne and traditional wind

Their prices have moved together.

Lithium iron phosphate batteries (energy) and Small, airborne and traditional wind (energy): 1 relationship.

How they are linked

1. Price link: complement

Cost and price · Weak · Both ways

Off-grid small turbines need batteries to store power for calm periods. The US battery index and the turbine proxy show no link, with monthly moves at -0.03, as the proxy covers large turbines.

• -0.03 monthly change correlation
• -0.03 12-month change correlation
• 0.61 fitted elasticity

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