# Geothermal direct use and ground-source heat pumps and Natural gas

Their prices have moved together.

Source page: https://www.materialinsights.org/links/geothermal-direct-use-and-ground-source-heat-pumps-and-natural-gas/

[Geothermal direct use and ground-source heat pumps](https://www.materialinsights.org/energy/e_geo_direct/) (energy) and [Natural gas](https://www.materialinsights.org/energy/natural_gas/) (energy): 1 relationship.

## How they are linked

### 1. Price link: rival source

*Cost and price · Moderate · Both ways*

Gas boilers are the main rival for heating, so high gas prices raise demand for heat pumps. The indices show this only over a year, with 12-month changes correlating at 0.42.

- **-0.10** monthly change correlation
- **0.42** 12-month change correlation
- **0.09** fitted elasticity

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