Material Insights · Understanding the Material World

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.