Natural gas and Onshore wind

Their prices have moved together.

Natural gas (energy) and Onshore wind (energy): 1 relationship.

How they are linked

1. Price link: rival source

Cost and price · Weak · Both ways

Wind competes with gas plants, and high gas prices raise the value of wind power in markets where gas sets the price. Turbine prices do not follow gas, with monthly moves correlating 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.