Small, airborne and traditional wind and Steel

Their prices have moved together.

Small, airborne and traditional wind (energy) and Steel (commodity): 1 relationship.

How they are linked

1. Price link: main input

Cost and price · Weak · Both ways

Towers and many rotors are steel. The proxy is a US turbine price index shared by several power technologies and mostly reflects large machines, so it does not track steel monthly (0.05).

• 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.