Material Insights · Understanding the Material World

Biomass combustion and CHP and Timber

Their prices have moved together.

Biomass combustion and CHP (energy) and Timber (commodity): 1 relationship.

How they are linked

1. Price link: fuel source

Cost and price · Weak · Both ways

Sawmill residues are a major fuel source, so timber output sets fuel supply. The Malaysian sawnwood price and US boiler index show no monthly link, correlating at -0.03. Different regional markets explain the missing link.

  • -0.03 monthly change correlation
  • 0.17 12-month change correlation
  • -1.41 fitted elasticity

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