Abstract
The electricity industry has an important role in the economic growth and industrial dynamics in all countries. However, it is one of the main sources of environmental pollutants as well. Hence, environmental experts are always trying to reduce the amount of pollutants. This study aims to realize the relations between environmental capabilities and environmental strategies with environmental, financial and operational performances. Accordingly, questionnaires, by 39 questions, distributed among 103 participants, including environmental experts of the thermal power plants and thermal power company. Among 103 questionnaires, 70 qualified questionnaires were collected. The reliability of questioners was tested by Cronbach alpha criterion and the amount of this criterion (0.845) verified the reliability of the questionnaire. Also, the validity of the questionnaire confirmed through the Fornell and Locker methods and other factors. For testing the hypotheses of research, the method of structural equation modelling analysis was used. The empirical results show that: 1. The environmental capabilities have a positive impact on environmental strategies 2. The environmental strategies have positive impacts on financial, operational and environmental performances 3. The environmental capabilities can have positive effects on environmental, financial and operational performance through environmental strategies. These results confirm that focusing on environmental issues of thermal power plant activities, not only improve environmental performance, but also improve their operational and financial performances.
Highlights
The economic growth and development of each country depends on many factors and one of the most important of them is the development of power industry because the electricity industry is one of the important mother industries and it is an integral part of today’s human’s daily life
3.3 Research Methodology The objective of this research is to analyze the relationships between environmental capabilities and environmental strategy with the environmental, financial and operational performance
Environmental capabilities have a positive impact on the environmental strategies of thermal power plants
Summary
The economic growth and development of each country depends on many factors and one of the most important of them is the development of power industry because the electricity industry is one of the important mother industries and it is an integral part of today’s human’s daily life. According to a detailed report published by Tavanir company in 2016, there are 1199 power plant units, including thermal, hydropower, atomic and renewable power plants in Iran, which 824 (69%) of these units (equal 93 power plants), are thermal power plants and it is estimated that 81% of the electricity of Iran is supplied by these power plants. The activities of these power plants impose negative effects to the environment (Tavanir company, 2016)
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
