# Biomass and Boilers, furnaces and stoves

Their prices have moved together.

Source page: https://www.materialinsights.org/links/biomass-and-boilers-furnaces-and-stoves/

[Biomass](https://www.materialinsights.org/energy/e_biomass/) (energy) and [Boilers, furnaces and stoves](https://www.materialinsights.org/energy/e_combustion_heat/) (energy): 1 relationship.

## How they are linked

### 1. Price link: alternative fuel

*Cost and price · Moderate · Both ways*

Wood and pellet boilers and biomass cookstoves burn wood chips, pellets and residues. The wood chip proxy correlates at 0.54 yearly with the heating index, partly shared demand for heating and partly general US price trends.

- **0.15** monthly change correlation
- **0.54** 12-month change correlation
- **1.58** fitted elasticity

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