# Biomass combustion and CHP and Thermal coal

Their prices have moved together.

Source page: https://www.materialinsights.org/links/biomass-combustion-and-chp-and-thermal-coal/

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