Mechanical power transmission and Onshore wind
Their prices have moved together.
Mechanical power transmission (energy) and Onshore wind (energy): 1 relationship.
How they are linked
1. Price link: demand driver
Cost and price · Moderate · Both ways
Most wind turbines use a large gearbox between rotor and generator, and gearbox failures are a major maintenance cost. The turbine proxy correlates at 0.53 for yearly moves, but monthly moves show almost nothing, at 0.05.
- 0.05 monthly change correlation
- 0.53 12-month change correlation
- 1.73 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.