Material Insights · Understanding the Material World

Biomass and Biomass combustion and CHP

Energy flows from biomass to biomass combustion and CHP; their prices have moved together.

Biomass (energy) and Biomass combustion and CHP (energy): 2 relationships.

How they are linked

1. Energy flow

Physical flow · 48% of flow · Biomass → Biomass combustion and CHP

Wood, straw and pellets are burned for heat and power.

  • 48% of Biomass's energy goes this way

2. Price link: main use

Cost and price · Moderate · Both ways

Boilers and combined heat and power plants are the main buyers of solid biomass fuel. Boiler equipment prices and chip prices share the US industrial cycle: monthly moves correlate at 0.14 and yearly moves at 0.48.

  • 0.14 monthly change correlation
  • 0.48 12-month change correlation
  • 0.51 fitted elasticity

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