Material Insights · Understanding the Material World

Energy in buildings and Energy-intensive industry

Their prices have moved together.

Energy in buildings (energy) and Energy-intensive industry (energy): 1 relationship.

How they are linked

1. Price link: same utility prices

Cost and price · Moderate · Both ways

Household tariffs also come from the same utilities and fuel costs, but include more network and retail charges. Monthly moves correlate at 0.63 with the industrial tariff, as residential prices are smoothed further by regulation.

  • 0.63 monthly change correlation
  • 0.55 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.