Copper and Geothermal direct use and ground-source heat pumps

Their prices have moved together.

Copper (commodity) and Geothermal direct use and ground-source heat pumps (energy): 1 relationship.

How they are linked

1. Price link: main input

Cost and price · Weak · Both ways

Compressor motors, heat exchangers and pipes use copper. The US heat pump index shows little monthly link with copper, at 0.13,, rising to 0.27 over the last five years, still a weak link.

• 0.13 monthly change correlation
• -0.03 12-month change correlation
• 0.30 fitted elasticity

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