Energy in buildings and Geothermal direct use and ground-source heat pumps

Energy flows from geothermal direct use and ground-source heat pumps to energy in buildings; their prices have moved together.

Energy in buildings (energy) and Geothermal direct use and ground-source heat pumps (energy): 2 relationships.

How they are linked

1. Energy flow

Physical flow · 19.4% of flow · Geothermal direct use and ground-source heat pumps → Energy in buildings

Ground-source loops heat and cool individual buildings.

• 19.4% of Geothermal direct use and ground-source heat pumps's energy goes this way

2. Price link: running cost

Cost and price · Weak · Both ways

Heat pumps run on electricity, so power tariffs decide running costs and payback. The US electricity price and heat pump index show a weak yearly link at 0.29. Cheap power speeds payback.

• 0.03 monthly change correlation
• 0.29 12-month change correlation
• 0.90 fitted elasticity

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