Research on the Implementation of Commercial Bank Digital Transformation Business in the Investment and Financing of Highway Transportation Clean Energy Facility Construction
陈启元, 廖辉毅
Central University of Finance and Economics, Beijing 102206, China
Research on the Implementation of Commercial Bank Digital Transformation Business in the Investment and Financing of Highway Transportation Clean Energy Facility Construction
CHEN Qi-yuan, LIAO Hui-yi
Central University of Finance and Economics, Beijing 102206, China
摘要In the context of carbon peaking and carbon neutrality policy, the promotion of highway transportation clean energy facility construction is in urgent need. This paper suggests that a new business model can be applied to solve the financing problem in this field which is referred to as "DTBB". The paper first gives the definition of the DTBB business. In DTBB business, commercial banks provide favorable financing for highway transportation clean energy facility construction projects. In exchange, future cash flow generated by the projects will be deposited into commercial banks. Using mathematical model, this paper then gives the theoretical value of DTBB in providing funds for the construction of clean energy facilities in highway transportation. Theoretical model suggests that the ability of providing funds is proportional to the cash flow generated by highway transportation clean energy facility construction projects for DTBB. And the risk of DTBB will gradually decrease with the growing number of similar businesses carried out by commercial banks. This dissertation follows a case-study design, with in-depth research of wireless charging highway project and hydrogen refueling station in the future. The results show that (1) the theoretical value of DTBB is about 15.7% of the total initial investment of the hydrogen refueling station project when discounting rate of the project is 0.1 and the lifetime of the project is 15 years; (2) the theoretical value of DTBB is about 1.4% of the total initial investment of the wireless charging highway project when discounting rate of the project is 0.1 and the lifetime of the project is 15 years.
Abstract：In the context of carbon peaking and carbon neutrality policy, the promotion of highway transportation clean energy facility construction is in urgent need. This paper suggests that a new business model can be applied to solve the financing problem in this field which is referred to as "DTBB". The paper first gives the definition of the DTBB business. In DTBB business, commercial banks provide favorable financing for highway transportation clean energy facility construction projects. In exchange, future cash flow generated by the projects will be deposited into commercial banks. Using mathematical model, this paper then gives the theoretical value of DTBB in providing funds for the construction of clean energy facilities in highway transportation. Theoretical model suggests that the ability of providing funds is proportional to the cash flow generated by highway transportation clean energy facility construction projects for DTBB. And the risk of DTBB will gradually decrease with the growing number of similar businesses carried out by commercial banks. This dissertation follows a case-study design, with in-depth research of wireless charging highway project and hydrogen refueling station in the future. The results show that (1) the theoretical value of DTBB is about 15.7% of the total initial investment of the hydrogen refueling station project when discounting rate of the project is 0.1 and the lifetime of the project is 15 years; (2) the theoretical value of DTBB is about 1.4% of the total initial investment of the wireless charging highway project when discounting rate of the project is 0.1 and the lifetime of the project is 15 years.
陈启元, 廖辉毅. Research on the Implementation of Commercial Bank Digital Transformation Business in the Investment and Financing of Highway Transportation Clean Energy Facility Construction[J]. Journal of Highway and Transportation Research and Development, 2022, 16(2): 99-110.
CHEN Qi-yuan, LIAO Hui-yi. Research on the Implementation of Commercial Bank Digital Transformation Business in the Investment and Financing of Highway Transportation Clean Energy Facility Construction. Journal of Highway and Transportation Research and Development, 2022, 16(2): 99-110.
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