Material Insights · Understanding the Material World

Biomass combustion and CHP and Thermal coal

Their prices have moved together.

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

How they are linked

1. Price link: rival fuel

Cost and price · Moderate · Both ways

Biomass is co-fired with or replaces coal in boilers, so coal prices decide the fuel saving. The boiler index and coal price show little monthly link but a moderate yearly one, with 12-month changes correlating at 0.41.

  • 0.11 monthly change correlation
  • 0.41 12-month change correlation
  • 0.31 fitted elasticity

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