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Financial and factors demand analysis of solar powered irrigation system in Boro rice production: A case study in Meherpur district of Bangladesh

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  • Rana, Jaber
  • Kamruzzaman, M.
  • Hosain Oliver, Moinul
  • Akhi, Kaynath

Abstract

Solar powered irrigation system (SPIS) has emerged as a promising technology in Bangladesh. The aim of this study to find the financial and environment importance of SPIS. This study also analyzes the factor demand and elasticity of substitute for SPIS irrigation in Boro rice production. The financial analysis indicate that SPIS user had significantly higher gross return, net return and benefit cost ratio (BCR) than diesel powered irrigation system (DPIS) user. The value of BCR for SPIS user was found 1.313 and 1.029 for DPIS user. Replacing half of diesel powered irrigation system can reduce more than one million carbon emission in environment from agricultural source. The result also revealed that irrigation system is highly inelastic and the result showed that an increase and decrease in price of irrigation wouldn’t have significant impact on demand of irrigation. The result indicates that for Boro rice production farmer had to use required amount of irrigation in field. Complementary relationship was found between seed and human labour, irrigation and human labour. Substitute relationship was found between machinery and seed, machinery and irrigation, machinery and human labour, machinery and fertilizer, seed and irrigation, seed and fertilizer, irrigation and fertilizer, human labour and fertilizer.

Suggested Citation

  • Rana, Jaber & Kamruzzaman, M. & Hosain Oliver, Moinul & Akhi, Kaynath, 2021. "Financial and factors demand analysis of solar powered irrigation system in Boro rice production: A case study in Meherpur district of Bangladesh," Renewable Energy, Elsevier, vol. 167(C), pages 433-439.
    • Handle: RePEc:eee:renene:v:167:y:2021:i:c:p:433-439
    DOI: 10.1016/j.renene.2020.11.100
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    1. Charmaine Samala Guno & Casper Boongaling Agaton, 2022. "Socio-Economic and Environmental Analyses of Solar Irrigation Systems for Sustainable Agricultural Production," Sustainability, MDPI, vol. 14(11), pages 1-15, June.
    2. Faruque As Sunny & Linlin Fu & Md Sadique Rahman & Zuhui Huang, 2022. "Determinants and Impact of Solar Irrigation Facility (SIF) Adoption: A Case Study in Northern Bangladesh," Energies, MDPI, vol. 15(7), pages 1-17, March.
    3. Faakhar Raza & Muhammad Tamoor & Sajjad Miran & Waseem Arif & Tayybah Kiren & Waseem Amjad & Muhammad Imtiaz Hussain & Gwi-Hyun Lee, 2022. "The Socio-Economic Impact of Using Photovoltaic (PV) Energy for High-Efficiency Irrigation Systems: A Case Study," Energies, MDPI, vol. 15(3), pages 1-21, February.
    4. Rahman, Syed Mahbubur & Mori, Akihisa & Rahman, Syed Mustafizur, 2022. "How does climate adaptation co-benefits help scale-up solar-powered irrigation? A case of the Barind Tract, Bangladesh," Renewable Energy, Elsevier, vol. 182(C), pages 1039-1048.
    5. Elshurafa, Amro M. & Alatawi, Hatem & Hasanov, Fakhri J. & Algahtani, Goblan J. & Felder, Frank A., 2022. "Cost, emission, and macroeconomic implications of diesel displacement in the Saudi agricultural sector: Options and policy insights," Energy Policy, Elsevier, vol. 168(C).
    6. Ihsan Ullah & Nawab Khan & Yonghong Dai & Amir Hamza, 2023. "Does Solar-Powered Irrigation System Usage Increase the Technical Efficiency of Crop Production? New Insights from Rural Areas," Energies, MDPI, vol. 16(18), pages 1-16, September.
    7. Jinxing Wang & Wanming Li & Shamsheer ul Haq & Pomi Shahbaz, 2023. "Adoption of Renewable Energy Technology on Farms for Sustainable and Efficient Production: Exploring the Role of Entrepreneurial Orientation, Farmer Perception and Government Policies," Sustainability, MDPI, vol. 15(7), pages 1-20, March.

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