Run-of-river and small hydro and Water
Run-of-river and small hydro needs water; their prices have moved together.
Run-of-river and small hydro (energy) and Water (commodity): 2 relationships.
How they are linked
1. Material need
Physical flow · Direct · Water → Run-of-river and small hydro
Building or running Run-of-river and small hydro needs water.
2. Price link: resource
Cost and price · Weak · Both ways
Output follows river flow, which peaks in the monsoon and snowmelt and falls in dry months. The US water index is a California market price, so it shows local scarcity rather than small hydro costs.
- 0.09 monthly change correlation
- -0.28 12-month change correlation
- -0.02 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.