Material Insights · Understanding the Material World

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.