Boilers, furnaces and stoves and Industrial heat pumps and vapour recompression

Their prices have moved together.

Boilers, furnaces and stoves (energy) and Industrial heat pumps and vapour recompression (energy): 1 relationship.

How they are linked

1. Price link: competing equipment

Cost and price · Moderate · Both ways

Gas boilers and furnaces are the incumbent technology for process heat. Yearly moves correlate at 0.55 and monthly at 0.07 with the heating equipment index, a moderate yearly common driver from US manufacturing costs.

• 0.07 monthly change correlation
• 0.55 12-month change correlation
• 0.57 fitted elasticity

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