Biomass and Thermal coal

Their prices have moved together.

Biomass (energy) and Thermal coal (energy): 1 relationship.

How they are linked

1. Price link: substitute

Cost and price · Moderate · Both ways

Power stations in Europe, Japan, Korea and India co-fire pellets or residues with coal, so coal and carbon prices decide how much biomass they buy. The chip proxy and coal move together over a year, with 12-month changes correlating at 0.54.

• 0.14 monthly change correlation
• 0.54 12-month change correlation
• 0.19 fitted elasticity

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