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.