# Biomass combustion and CHP and Natural gas

Their prices have moved together.

Source page: https://www.materialinsights.org/links/biomass-combustion-and-chp-and-natural-gas/

[Biomass combustion and CHP](https://www.materialinsights.org/energy/e_bio_combustion/) (energy) and [Natural gas](https://www.materialinsights.org/energy/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.