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Solar Irrigation Pumps and Economic Restructuring in India: Assessing Diesel Import Substitution and Foreign Exchange Savings

インドにおける太陽光灌漑ポンプと経済再構築:ディーゼル輸入代替と外貨節約の評価 (AI 翻訳)

Kumar V, Kumar V, Archit

Research Squareプレプリント2026-06-10#エネルギー転換対象セクター: agriculture
DOI: 10.21203/rs.3.rs-9983754/v1
原典: https://doi.org/10.21203/rs.3.rs-9983754/v1

🤖 gxceed AI 要約

日本語

本研究は、インドにおける太陽光灌漑ポンプ(SIP)の導入がディーゼル輸入代替と外貨節約に与える影響を定量的に評価した。現在の270万台のSIP導入により約17.6億ドルの外貨節約が達成され、中期的に490万台に拡大すれば31.9億ドルに増加する。SIPを再生可能エネルギー技術ではなくマクロ経済安定化手段として位置づけ、経常収支改善への貢献を示した点が独創的である。

English

This study quantifies the macroeconomic impact of Solar Irrigation Pumps (SIPs) in India on diesel import substitution and foreign exchange savings. Current deployment of 2.7 million SIPs saves $1.76 billion annually, and medium-term expansion to 4.9 million could save $3.19 billion. The paper reframes SIPs as a structural stabilization instrument, reducing oil import dependence and improving external balance.

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

📝 gxceed 編集解説 — Why this matters

日本のGX文脈において

インドの事例だが、日本の再生可能エネルギー政策や途上国向け技術輸出の参考になる。特に、エネルギーの輸入依存度低減という観点で、日本が推進する水素・アンモニア等の脱炭素技術の経済効果評価にも応用可能な枠組みを示している。

In the global GX context

This paper provides a novel macroeconomic perspective on renewable energy deployment, demonstrating how solar irrigation pumps can serve as a fiscal and external sector stabilization tool. It offers a replicable framework for evaluating import substitution benefits in emerging economies, relevant to global discussions on energy security and just transition financing.

👥 読者別の含意

🔬研究者:Demonstrates a deterministic simulation approach to quantify macroeconomic co-benefits of renewable energy, useful for modeling energy transition impacts on trade balances.

🏛政策担当者:Provides evidence that solar irrigation can reduce oil import bills and improve current account stability, supporting arguments for public investment in decentralized renewable energy.

📄 Abstract(原文)

<title>Abstract</title> <p> Purpose - The study explores the implications of the deployment of Solar Irrigation Pumps (SIPs) for macroeconomics and their impact on diesel import substitution and foreign exchange (FX) savings and implications for energy security and external sector stability, specifically. Methodology - Official secondary data is used in a deterministic simulation framework. The model is calibrated for 9.5 million diesel irrigation pumps that consume on average 900 liters of diesel annually with an 85% dependency on diesel imports and as a baseline diesel price of USD 0.85 per liter. Two scenarios are analyzed: (1) current SIP deployment (2.7 million units) and (2) medium-term targets for expansion (4.9 million units), including oil price shock scenarios. Findings - About USD 1.76 billion in FX savings are achieved by current SIP deployment, displacing an estimated annual diesel usage of around 2.43 billion litres. With a medium-term target of 4.9 million SIPs, the savings rise to USD 3.19 billion, and the benefits are amplified with higher global prices for oil. The findings suggest that there are measurable declines in the level of oil import dependence, some level of external sector resilience and a possibility of dampening the current account deficit. Originality - The research rethinks SIPs and considers them a structural macroeconomic stabilisation instrument instead of an instrument for renewable energy. It takes a macroeconomic approach to solar irrigation in India, as it is predominantly a microeconomic study, by explicitly modelling the impact of solar irrigation on external balance and FX savings. <bold>JEL Codes:</bold> Q42, Q48, F32, O13, O44, E61 </p>

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