Material Insights · Understanding the Material World

Run-of-river and small hydro and Steel

Their prices have moved together.

Run-of-river and small hydro (energy) and Steel (commodity): 1 relationship.

How they are linked

1. Price link: main input

Cost and price · Weak · Both ways

Penstocks, gates and turbines use steel. The proxy is a US turbine price index shared by several power technologies, and it does not track steel monthly (0.05) because equipment is priced on contracts.

  • 0.05 monthly change correlation
  • -0.01 12-month change correlation
  • 0.26 fitted elasticity

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