Hi Casper, my Ruston has a belt driven jabasco type pump and we have had minor problems. I also have considered an electric pump in tandem for river work as the old engine heats up fairly quickly when she is working. However, I am a little dubious about the running temperature and the flow rate and also the running hours which will likely be 10 hours at a time, if I install a typical 12 volts water circulating pump like on the diesel central heating. I would be interested if you find one that fits the bill and is relatively cheap. Stuart Turner do a 12 volt brass pump which may be OK and sometimes you see one on Ebay at reasonable money.
As for saving power I really don't see the issue, the belt on mine is slack and doesn't slip so I presume little power is taken to turn it.