Geothermal direct use and ground-source heat pumps and Heat pumps, air conditioning and refrigeration

Energy flows from geothermal direct use and ground-source heat pumps to heat pumps, air conditioning and refrigeration; their prices have moved together.

Geothermal direct use and ground-source heat pumps (energy) and Heat pumps, air conditioning and refrigeration (energy): 2 relationships.

How they are linked

1. Energy flow

Physical flow · 58.8% of flow · Geothermal direct use and ground-source heat pumps → Heat pumps, air conditioning and refrigeration

Ground loops supply the low-grade heat that heat pumps upgrade.

• 58.8% of Geothermal direct use and ground-source heat pumps's energy goes this way

2. Price link: shared industry

Cost and price · Strong · Both ways

Ground-source units are a type of heat pump made by the same industry as air conditioners. The US indices move together moderately: monthly changes correlate at 0.28 and yearly changes at 0.63.

• 0.28 monthly change correlation
• 0.63 12-month change correlation
• 0.55 fitted elasticity

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