Adoption of renewable energy sources and sustainable performance in palestinian industrial and commercial sectors with governmental role as a moderator: An explanatory approach

Abstract

Renewable energy has attained enormous attention in recent years due to the exhaustion of many energy resources, and the pollution caused by fossil fuels. However, the adoption of renewable energy sources (RESs) is a complicated process influenced by multifarious factors. This study aims to investigate factors influencing the adoption of RESs by the Palestinian industrial and commercial sectors and their effect of this adoption on sustainable performance, besides examining if the government plays a role in moderating the relationship between the adoption of RESs and such sustainable performance. To this end, a quantitative method was used to collect data through questionnaires from 100 top managers in the Palestinian commercial and industrial sectors. The data analysis was conducted using the Smart PLS software to test the formulated hypotheses. The findings support the positive relationship between the adoption of RESs and sustainable performance. There is also a positive relationship between the adoption of RESs and the government's role. However, the relationship between the government's role and sustainable performance is not established, but the government's role is found to be a moderator between adopting RESs and sustainable performance.

Keywords

• Renewable energy sources (RESs)
• Government’s role
• Sustainable performance
• Industrial and commercial sectors