Electric heating and Energy in buildings

Energy flows from electric heating to energy in buildings; their prices have moved together.

Electric heating (energy) and Energy in buildings (energy): 2 relationships.

How they are linked

1. Energy flow

Physical flow · 67% of flow · Electric heating → Energy in buildings

Resistive and induction heaters warm rooms, water and food.

• 67% of Electric heating's energy goes this way

2. Price link: running cost

Cost and price · Strong · Both ways

Electric heating turns every unit of power into heat, so electricity prices decide its running cost and whether it beats gas. Yearly moves correlate at 0.77 with the electricity proxy, mostly shared US inflation, while monthly moves barely correlate.

• 0.14 monthly change correlation
• 0.77 12-month change correlation
• 1.25 fitted elasticity

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