# Industrial heat pumps and vapour recompression and Natural gas

Their prices have moved together.

Source page: https://www.materialinsights.org/links/industrial-heat-pumps-and-vapour-recompression-and-natural-gas/

[Industrial heat pumps and vapour recompression](https://www.materialinsights.org/energy/e_industrial_hp/) (energy) and [Natural gas](https://www.materialinsights.org/energy/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.