Material Insights · Understanding the Material World

Industrial heat pumps and vapour recompression and Natural gas

Their prices have moved together.

Industrial heat pumps and vapour recompression (energy) and Natural gas (energy): 1 relationship.

How they are linked

1. Price link: fuel displaced

Cost and price · Moderate · Both ways

Industrial heat pumps replace gas boilers that raise steam, so the gas price sets what they save. Monthly moves correlate at -0.10 with European gas but yearly at 0.42, showing a slow, shared industrial cycle rather than a direct price link.

  • -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.