Material Insights · Understanding the Material World

Fluorochemicals and refrigerants and Geothermal direct use and ground-source heat pumps

Their prices have moved together.

Fluorochemicals and refrigerants (chemical) and Geothermal direct use and ground-source heat pumps (energy): 1 relationship.

How they are linked

1. Price link: working fluid

Cost and price · Weak · Both ways

Most heat pumps use fluorinated refrigerants, which face phase-down rules. The US fluorochemical proxy and heat pump index show a weak link, with yearly changes correlating at 0.23. New refrigerants cost more.

  • -0.00 monthly change correlation
  • 0.23 12-month change correlation
  • 0.32 fitted elasticity

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