Material Insights · Understanding the Material World

Geothermal direct use and ground-source heat pumps and High-density polyethylene

Their prices have moved together.

Geothermal direct use and ground-source heat pumps (energy) and High-density polyethylene (chemical): 1 relationship.

How they are linked

1. Price link: loop input

Cost and price · Weak · Both ways

Ground loops are long runs of HDPE pipe buried in trenches or boreholes. The resin proxy and heat pump index show a weak link, with yearly changes correlating at 0.23.

  • 0.04 monthly change correlation
  • 0.23 12-month change correlation
  • 0.70 fitted elasticity

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