Biomass combustion and CHP and Natural gas
Their prices have moved together.
Biomass combustion and CHP (energy) and Natural gas (energy): 1 relationship.
How they are linked
1. Price link: rival fuel
Cost and price · Moderate · Both ways
Gas boilers and CHP compete with biomass plants for industrial heat. The boiler index and gas price show a link only over a year, with 12-month changes correlating at 0.50.
- 0.02 monthly change correlation
- 0.50 12-month change correlation
- 0.15 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.