Material Insights · Understanding the Material World

Natural gas and Uranium

Their prices have moved together.

Natural gas (energy) and Uranium (energy): 1 relationship.

How they are linked

1. Price link: competing generation

Cost and price · Weak · Both ways

Nuclear power competes with gas-fired power, and gas price spikes revive political support for reactors, but that works over years, not months. Monthly moves barely correlate (0.04), which fits uranium's contract-based pricing and long reactor lead times.

  • 0.04 monthly change correlation
  • 0.01 12-month change correlation
  • 0.29 fitted elasticity

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