Research on the Implementation of a Commercial Bank’s Digital Transformation Business in the Investment and Financing of Highway Transportation Clean Energy Facility Construction

Abstract

In the context of carbon peaking and carbon neutrality policy, the promotion of highway transportation clean energy facility construction is urgently needed. 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 the 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 a mathematical model, this paper then gives the theoretical value of DTBB in providing funds for the construction of clean energy facilities in highway transportation. The theoretical model suggests that the ability to provide funds is proportional to the cash flow generated by the highway transportation clean energy facility construction projects for DTBB. The risk of DTBB will gradually decrease with the growing number of similar businesses carried out by commercial banks. This paper follows a case study design, with in-depth research on a wireless charging highway project and a 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 the discounting rate of the project is 0.1 and the lifetime of the project is 15 years, and (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.