Authors :
Mofeoluwa Oyekan; Shereef Olayinka Jinadu; Joy Onma Enyejo
Volume/Issue :
Volume 10 - 2025, Issue 9 - September
Google Scholar :
https://tinyurl.com/43pruums
Scribd :
https://tinyurl.com/5cucz475
DOI :
https://doi.org/10.38124/ijisrt/25sep792
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Note : Google Scholar may take 30 to 40 days to display the article.
Abstract :
The global energy transition, driven by the urgent need to decarbonize and achieve sustainable development goals,
requires a systematic approach to managing critical infrastructure and resources. Strategic Asset Management (SAM)
provides a structured framework for aligning asset performance, lifecycle optimization, and financial investment with long-
term sustainability objectives. By integrating digital tools such as predictive analytics, digital twins, and IoT-enabled
monitoring, SAM enables organizations to maximize the reliability, efficiency, and resilience of energy assets while reducing
costs and environmental impacts. This review paper examines the role of SAM in accelerating the shift toward renewable
energy systems, smart grids, and low-carbon technologies. It highlights best practices for balancing risk management, asset
utilization, and capital planning to ensure energy security and sustainability. Furthermore, the paper explores case studies
from utilities, oil and gas firms, and renewable energy companies to demonstrate how effective asset management strategies
can optimize decision-making and regulatory compliance while fostering innovation in sustainable infrastructure. The
findings underscore that strategic asset management is not only a technical discipline but also a governance and policy
enabler that bridges operational excellence with global climate commitments. Ultimately, adopting SAM frameworks
provides a critical pathway for organizations and governments to accelerate the energy transition while ensuring resilience,
affordability, and equitable access to energy.
Keywords :
Strategic Asset Management (SAM); Energy Transition; Renewable Energy Systems; Digital Twin Technology; Sustainable Infrastructure
References :
- Aikins, S. A., Avevor, J. & Enyejo, L. A. (2024). Optimizing Thermal Management in Hydrogen Fuel Cells for Smart HVAC Systems and Sustainable Building Energy Solutions. International Journal of Scientific Research and Modern Technology (IJSRMT) Volume 3, Issue 4, 2024 DOI: https://doi.org/10.38124/ijsrmt.v3i4.351
- Ajayi, A. A., Igba, E., Soyele, A. D., & Enyejo, J. O. (2024). Enhancing Digital Identity and Financial Security in Decentralized Finance (Defi) through Zero-Knowledge Proofs (ZKPs) and Blockchain Solutions for Regulatory Compliance and Privacy. OCT 2024 |IRE Journals | Volume 8 Issue 4 | ISSN: 2456-8880
- Ajayi, A. A., Igba, E., Soyele, A. D., & Enyejo, J. O. (2024). Quantum Cryptography and Blockchain-Based Social Media Platforms as a Dual Approach to Securing Financial Transactions in CBDCs and Combating Misinformation in U.S. Elections. International Journal of Innovative Science and Research Technology. Volume 9, Issue 10, Oct.– 2024 ISSN No:-2456-2165 https://doi.org/10.38124/ijisrt/IJISRT24OCT1697.
- Akindotei, O., Igba E., Awotiwon, B. O., & Otakwu, A (2024). Blockchain Integration in Critical Systems Enhancing Transparency, Efficiency, and Real-Time Data Security in Agile Project Management, Decentralized Finance (DeFi), and Cold Chain Management. International Journal of Scientific Research and Modern Technology (IJSRMT) Volume 3, Issue 11, 2024. DOI: 10.38124/ijsrmt.v3i11.107.
- Alegre, H. (2020). Public policies as strategic asset management enablers. H2Open Journal, 3(1), 428–435.
- Amebleh, J. & Okoh, O. F. (2023). Accounting for rewards aggregators under ASC 606/IFRS 15: Performance obligations, consideration payable to customers, and automated liability accruals at payments scale. Finance & Accounting Research Journal, Fair East Publishers Volume 5, Issue 12, 528-548 DOI: 10.51594/farj.v5i12.2003
- Amebleh, J. & Omachi, A. (2022). Data Observability for High-Throughput Payments Pipelines: SLA Design, Anomaly Budgets, and Sequential Probability Ratio Tests for Early Incident Detection International Journal of Scientific Research in Science, Engineering and Technology Volume 9, Issue 4 576-591 doi : https://doi.org/10.32628/IJSRSET
- Amebleh, J., & Okoh, O. F. (2023). Explainable Risk Controls for Digital Health Payments: SHAP-Constrained Gradient Boosting with Policy-Based Access, Audit Trails, and Chargeback Mitigation. International Journal of Scientific Research and Modern Technology, 2(4), 13–28. https://doi.org/10.38124/ijsrmt.v2i4.746
- Atalor, S. I. (2019). Federated Learning Architectures for Predicting Adverse Drug Events in Oncology Without Compromising Patient Privacy ICONIC RESEARCH AND ENGINEERING JOURNALS JUN 2019 | IRE Journals | Volume 2 Issue 12 | ISSN: 2456-8880
- Atalor, S. I., Ijiga, O. M., & Enyejo, J. O. (2023). Harnessing Quantum Molecular Simulation for Accelerated Cancer Drug Screening. International Journal of Scientific Research and Modern Technology, 2(1), 1–18. https://doi.org/10.38124/ijsrmt.v2i1.502
- Avevor, J., Aikins, S. A., Peter-Anyebe, A. C., Enyejo, L. A., Eze, F. C., Adaudu, I. I. (2025). A Digital Twin-Based Predictive Maintenance Framework for Combined-Cycle Turbines in Load-Bearing Smart Structures Supporting Energy Diplomacy. Acta Mechanica Malaysia (AMM) 8(2) (2025) 77-85. http://doi.org/10.26480/amm.02.2025.77.85
- Avevor, J., Eze, F. C., Okoh, O. F., Aikins, S. A., Enyejo, L. A., Adaudu, I. I. (2025). Development of a Real-Time Predictive Maintenance Model for Combined-Cycle Turbines Integrated into Structural Resilience and Economic Risk Mitigation Strategies for Critical Load-Bearing Facilities Under Extreme Climate Events. Economic Growth and Environment Sustainability (EGNES) 4(2) (2025) 56-64. http://doi.org/10.26480/egnes.02.2025.56.64
- Azonuche, T. I., & Enyejo, J. O. (2024). Agile Transformation in Public Sector IT Projects Using Lean-Agile Change Management and Enterprise Architecture Alignment. International Journal of Scientific Research and Modern Technology, 3(8), 21–39. https://doi.org/10.38124/ijsrmt.v3i8.432
- Azonuche, T. I., & Enyejo, J. O. (2024). Exploring AI-Powered Sprint Planning Optimization Using Machine Learning for Dynamic Backlog Prioritization and Risk Mitigation. International Journal of Scientific Research and Modern Technology, 3(8), 40–57. https://doi.org/10.38124/ijsrmt.v3i8.448.
- Babatuyi, P. B., Imoh, P. O., Igwe, E. U. & Enyejo, J. O. (2025).The Impact of Public Health Policy on Resource Distribution and Health Equity during Epidemics in Low-Income U.S. Populations International Journal of Healthcare Sciences Vol. 13, Issue 1, DOI: https://doi.org/10.5281/zenodo.16885344
- Baker, L., Newell, P., & Phillips, J. (2014). The political economy of energy transitions: The case of South Africa. New Political Economy, 19(6), 791–818. https://doi.org/10.1080/13563467.2013.849674
- Barbieri, G., Vega, A. S., Gutiérrez, J., Laserna, J., & Mateus, L. M. (2023). Strategic capital investments in asset management: A value-based approach. Journal of Quantitative Methods for Economics, 11(2023), Article 0104.
- Blanco, M. I. (2009). The economics of wind energy. Renewable and Sustainable Energy Reviews, 13(6–7), 1372–1382. https://doi.org/10.1016/j.rser.2008.09.004
- Brisbois, M. C. (2025). Coping with decarbonisation: An inventory of strategies. Energy Research & Social Science, XX, Article ID. doi:10.1016/j.erss.2025.XXXXX
- Brown, K. (2012). An Integrated Approach to Strategic Asset Management. (Master's thesis). Universidad Politécnica de Madrid.
- Cherdantseva, Y., Burnap, P., Blyth, A., Eden, P., Jones, K., Soulsby, H., & Stoddart, K. (2016). A review of cyber security risk assessment methods for SCADA systems. Computers & Security, 56, 1–27. https://doi.org/10.1016/j.cose.2015.09.009
- Cucuzzella, C., Salvia, G., & Rognoli, V. (2022). Distributed energy resources and the smart grid transition: Opportunities and challenges. Renewable and Sustainable Energy Reviews, 160, 112282. https://doi.org/10.1016/j.rser.2022.112282
- Diaconescu, M. (2024). Towards Renewable Energy Transition: Insights from a systematic literature analysis. Energies, 17(18), 4719. doi:10.3390/en17184719
- Dzulkifli, N. A., Sarbini, N. N., Ibrahim, I. S., Abidin, N. I., Yahaya, F. M., & Azizan, N. Z. N. (2021). Review on maintenance issues toward building maintenance management best practices. Journal of Building Engineering, 44, 102985.
- Enyejo, J. O., Fajana, O. P., Jok, I. S., Ihejirika, C. J., Awotiwon, B. O., & Olola, T. M. (2024). Digital Twin Technology, Predictive Analytics, and Sustainable Project Management in Global Supply Chains for Risk Mitigation, Optimization, and Carbon Footprint Reduction through Green Initiatives. International Journal of Innovative Science and Research Technology, Volume 9, Issue 11, November– 2024. ISSN No:-2456-2165. https://doi.org/10.38124/ijisrt/IJISRT24NOV1344
- García-Gómez, F. J. (2021). An approach to sustainability risk assessment in industrial asset management. Sustainability, 13(12), 6538.
- Gavrikova, E. (2020). Strategic aspects of asset management: An overview. Sustainability, 12(15), 5955. doi:10.3390/su12155955
Genc, T. S. (2023). Energy Transition and the Economy: A Review Article. Energies, 16(7), 2965. doi:10.3390/en16072965
- Gitelman, L. D. (2020). Asset management of energy company based on production asset lifecycle. WIT Transactions on Ecology and the Environment, 246, 125–135.
- Goldthau, A., & Sovacool, B. K. (2012). The uniqueness of the energy security, justice, and governance problem. Energy Policy, 41, 232–240. https://doi.org/10.1016/j.enpol.2011.10.042
- Guides, (2024). The business case for renewable energy https://instituteofsustainabilitystudies.com/insights/guides/the-business-case-for-renewable-energy/
- Hast, A., Syri, S., Lekavičius, V., & Galinis, A. (2018). District heating in cities as a part of low-carbon energy system. Energy, 152, 627–639. https://doi.org/10.1016/j.energy.2018.03.156
- Hübel, B., & Scholz, H. (2020). Integrating sustainability risks in asset management: The role of ESG exposures and ESG ratings. Journal of Asset Management, 21(1), 52–69.
- Idika, C. N. (2023). Quantum Resistant Cryptographic Protocols for Securing Autonomous Vehicle to Vehicle (V2V) Communication Networks International Journal of Scientific Research in Computer Science, Engineering and Information Technology Volume 10, Issue 1 doi : https://doi.org/10.32628/CSEIT2391547
- Idika, C. N., James, U.U, Ijiga, O. M., Enyejo, L. A. (2023). Digital Twin-Enabled Vulnerability Assessment with Zero Trust Policy Enforcement in Smart Manufacturing Cyber-Physical System International Journal of Scientific Research in Computer Science, Engineering and Information Technology Volume 9, Issue 6 doi : https://doi.org/10.32628/IJSRCSEIT
- Idika, C. N., Enyejo, J. O., Ijiga, O. M. & Okika, N. (2025). Entrepreneurial Innovations in AI-Driven Anomaly Detection for Software-Defined Networking in Critical Infrastructure Security International Journal of Social Science and Humanities Research Vol. 13, Issue 3, pp: (150-166), DOI: https://doi.org/10.5281/zenodo.16408773
- Igba E., Ihimoyan, M. K., Awotinwo, B., & Apampa, A. K. (2024). Integrating BERT, GPT, Prophet Algorithm, and Finance Investment Strategies for Enhanced Predictive Modeling and Trend Analysis in Blockchain Technology. Int. J. Sci. Res. Comput. Sci. Eng. Inf. Technol., November-December-2024, 10 (6) : 1620-1645.https://doi.org/10.32628/CSEIT241061214
- Igba, E., Danquah, E. O., Ukpoju, E. A., Obasa, J., Olola, T. M., & Enyejo, J. O. (2024). Use of Building Information Modeling (BIM) to Improve Construction Management in the USA. World Journal of Advanced Research and Reviews, 2024, 23(03), 1799–1813. https://wjarr.com/content/use-building-information-modeling-bim-improve-construction-management-usa
- Ihimoyan, M. K., Enyejo, J. O. & Ali, E. O. (2022). Monetary Policy and Inflation Dynamics in Nigeria, Evaluating the Role of Interest Rates and Fiscal Coordination for Economic Stability. International Journal of Scientific Research in Science and Technology. Online ISSN: 2395-602X. Volume 9, Issue 6. doi : https://doi.org/10.32628/IJSRST2215454
- Ijiga, A. C., Aboi, E. J., Idoko, P. I., Enyejo, L. A., & Odeyemi, M. O. (2024). Collaborative innovations in Artificial Intelligence (AI): Partnering with leading U.S. tech firms to combat human trafficking. Global Journal of Engineering and Technology Advances, 2024,18(03), 106-123. https://gjeta.com/sites/default/files/GJETA-2024-0046.pdf
- Ijiga, A. C., Enyejo, L. A., Odeyemi, M. O., Olatunde, T. I., Olajide, F. I & Daniel, D. O. (2024). Integrating community-based partnerships for enhanced health outcomes: A collaborative model with healthcare providers, clinics, and pharmacies across the USA. Open Access Research Journal of Biology and Pharmacy, 2024, 10(02), 081–104. https://oarjbp.com/content/integrating-community-based-partnerships-enhanced-health-outcomes-collaborative-model
- Ijiga, O. M., Ifenatuora, G. P., & Olateju, M. (2021). Bridging STEM and Cross-Cultural Education: Designing Inclusive Pedagogies for Multilingual Classrooms in Sub Saharan Africa. JUL 2021 | IRE Journals | Volume 5 Issue 1 | ISSN: 2456-8880.
- Ijiga, O. M., Ifenatuora, G. P., & Olateju, M. (2021). Digital Storytelling as a Tool for Enhancing STEM Engagement: A Multimedia Approach to Science Communication in K-12 Education. International Journal of Multidisciplinary Research and Growth Evaluation. Volume 2; Issue 5; September-October 2021; Page No. 495-505. https://doi.org/10.54660/.IJMRGE.2021.2.5.495-505
- Ijiga, O. M., Ifenatuora, G. P., & Olateju, M. (2022). AI-Powered E-Learning Platforms for STEM Education: Evaluating Effectiveness in Low Bandwidth and Remote Learning Environments. International Journal of Scientific Research in Computer Science, Engineering and Information Technology ISSN : 2456-3307 Volume 8, Issue 5 September-October-2022 Page Number : 455-475 doi : https://doi.org/10.32628/IJSRCSEIT
- Ijiga, O. M., Okika, N., Balogun, S. A., Enyejo, L. A., & Agbo, O. J. (2025). A Comprehensive Review of Federated Learning Architectures for Insider Threat Detection in Distributed SQL-Based Enterprise Environments. International Journal of Innovative Science and Research Technology. Volume 10, Issue 7, July – 2025. ISSN No:-2456-2165.
- Imoh, P. O. & Enyejo, J. O. (2025). Analyzing Social Communication Deficits in Autism Using Wearable Sensors and Real-Time Affective Computing Systems, International Journal of Innovative Science and Research Technology Volume 10, Issue 5 https://doi.org/10.38124/ijisrt/25may866
- Imoh, P. O. (2023). Impact of Gut Microbiota Modulation on Autism Related Behavioral Outcomes via Metabolomic and Microbiome-Targeted Therapies International Journal of Scientific Research and Modern Technology (IJSRMT) Volume 2, Issue 8, 2023 DOI: https://doi.org/10.38124/ijsrmt.v2i8.494
- Imoh, P. O., Adeniyi, M., Ayoola, V. B., & Enyejo, J. O. (2024). Advancing Early Autism Diagnosis Using Multimodal Neuroimaging and Ai-Driven Biomarkers for Neurodevelopmental Trajectory Prediction. International Journal of Scientific Research and Modern Technology, 3(6), 40–56. https://doi.org/10.38124/ijsrmt.v3i6.413
- James, U. U., Ijiga, O. M. & Enyejo, L. A. (2025), Zero Trust Network Access Enforcement for Securing Multi-Slice Architectures in 5G Private Enterprise Deployments. International Journal of Innovative Science and Research Technology (IJISRT) Volume 10, Issue 8 https://doi.org/10.38124/ijisrt/25aug323
- James, U. U., Ijiga, O. M., & Enyejo, L. A. (2024). AI-Powered Threat Intelligence for Proactive Risk Detection in 5G-Enabled Smart Healthcare Communication Networks. International Journal of Scientific Research and Modern Technology, 3(11), 125–140. https://doi.org/10.38124/ijsrmt.v3i11.679
- James, U. U., Salami, E. O. & Enyejo, L. A. (2025). Real Time Policy Orchestration for Cybersecurity Risk Management in GRC Aligned Financial Technology Infrastructures International Journal of Innovative Science and Research Technology Volume 10, Issue 8 https://doi.org/10.38124/ijisrt/25aug1021
- James, U.U., Olarinoye, H.S., Uchenna, I.R., Idika, C.N., Ngene, O.J., Ijiga, O.M. & Itemuagbor, K. (2025) Combating Deepfake Threats Using X-FACTS Explainable CNN Framework for Enhanced Detection and Cybersecurity Resilience. Advances in Artificial Intelligence and Robotics Research, 1, 41-64.https://www.scirp.org/journal/airr
- Jinadu, S. O., Akinleye, E. A., Onwusi, C. N., Raphael, F. O., Ijiga, O. M. & Enyejo, L. A. (2023). Engineering atmospheric CO2 utilization strategies for revitalizing mature american oil fields and creating economic resilience Engineering Science & Technology Journal Fair East Publishers Volume 4, Issue 6, P.No. 741-760 DOI: 10.51594/estj.v4i6.1989
- Jinadu, S. O., Akinleye, K. E., Onwusi, C. N., Okoh, O. F., & Ijiga, O. M. (2024). Advancing Atmospheric CO₂ Capture Integration with Oil Reservoir Injection for Sustainable Domestic Hydrocarbon Production Expansion. International Journal of Scientific Research and Modern Technology, 3(6), 123–136. https://doi.org/10.38124/ijsrmt.v3i6.728
- Jinadu, S. O., Akinleye, K. E., Onwusi, C. N., Omachi, A., Ijiga, O. M., & Enyejo, L. A. (2025). Development of scalable CO₂ conversion systems enhancing oil recovery while reducing atmospheric carbon emissions nationwide. International Journal of Innovative Science and Research Technology, 10(8), 538–551. https://doi.org/10.38124/ijisrt/25aug627
- Jones, D., Snider, C., Nassehi, A., Yon, J., & Hicks, B. (2020). Characterising the digital twin: A systematic literature review. CIRP Journal of Manufacturing Science and Technology, 29, 36–52. https://doi.org/10.1016/j.cirpj.2020.02.002
- Komljenović, D., Diop, I., & Abdul-Nour, G. (2021). Overview of strategic approach to asset management and decision-making. International Journal of Engineering Research & Technology. doi:10.17577/IJERTV10IS120348
- Kou, G., Chao, X., Peng, Y., Alsaadi, F. E., & Herrera-Viedma, E. (2019). Machine learning methods for systemic risk analysis in financial sectors. Technological Forecasting and Social Change, 144, 114–123. https://doi.org/10.1016/j.techfore.2019.04.020
- Lozano, R., Carpenter, A., & Huisingh, D. (2015). A review of ‘theories of the firm’ and their contributions to corporate sustainability. Journal of Cleaner Production, 106, 430–442. https://doi.org/10.1016/j.jclepro.2014.05.007
- Lund, H., Østergaard, P. A., Connolly, D., & Mathiesen, B. V. (2017). Smart energy and smart energy systems. Energy, 137, 556–565. https://doi.org/10.1016/j.energy.2017.05.123
- Lund, P. D., Lindgren, J., Mikkola, J., & Salpakari, J. (2015). Review of energy system flexibility measures to enable high levels of variable renewable electricity. Renewable and Sustainable Energy Reviews, 45, 785–807. https://doi.org/10.1016/j.rser.2015.01.057
- Markard, J., & Hoffmann, V. H. (2016). Analysis of complementarities: Framework and examples from the energy transition. Technological Forecasting and Social Change, 111, 63–75. https://doi.org/10.1016/j.techfore.2016.06.008
- Meckling, J., & Nahm, J. (2018). The politics of technology bans: Industrial policy competition and green goals for the auto industry. Review of International Political Economy, 25(3), 380–410. https://doi.org/10.1080/09692290.2018.1434810
- Miller, C. A., Richter, J., & O’Leary, J. (2015). Socio-technical dynamics of solar electricity innovation: An exploratory study of state policy, business models, and community adoption. Energy Research & Social Science, 10, 163–172. https://doi.org/10.1016/j.erss.2015.08.003
- Nambisan, S., Wright, M., & Feldman, M. (2019). The digital transformation of innovation and entrepreneurship: Progress, challenges, and key themes. Research Policy, 48(8), 103773. https://doi.org/10.1016/j.respol.2019.03.018
- Oliveira, T. A., Oliver, M., & Ramalhinho, H. (2020). Challenges for connecting citizens and smart cities: ICT, e-governance and blockchain. Sustainability, 12(2), 292. https://doi.org/10.3390/su12020292
- Ononiwu, M., Azonuche, T. I., & Enyejo, J. O. (2023). Exploring Influencer Marketing Among Women Entrepreneurs using Encrypted CRM Analytics and Adaptive Progressive Web App Development. International Journal of Scientific Research and Modern Technology, 2(6), 1–13. https://doi.org/10.38124/ijsrmt.v2i6.562
- Ononiwu, M., Azonuche, T. I., Imoh, P. O. & Enyejo, J. O. (2023). Exploring SAFe Framework Adoption for Autism-Centered Remote Engineering with Secure CI/CD and Containerized Microservices Deployment International Journal of Scientific Research in Science and Technology Volume 10, Issue 6 doi : https://doi.org/10.32628/IJSRST
- Ononiwu, M., Azonuche, T. I., Imoh, P. O. & Enyejo, J. O. (2024). Evaluating Blockchain Content Monetization Platforms for Autism-Focused Streaming with Cybersecurity and Scalable Microservice Architectures ICONIC RESEARCH AND ENGINEERING JOURNALS Volume 8 Issue 1
- Ossai, C. I. (2014). Sustainable asset integrity management: Strategic framework for renewable energy generation plants. Renewable Energy, 64, 27–31.
- Pérez-Navarro, Á., Peñalvo-López, E., Vargas, C., Alfonso, D., & Alcázar-Ortega, M. (2019). Renewable generation and demand response integration in microgrids: Optimization of management strategies. Renewable Energy, 139, 1361–1373. https://doi.org/10.1016/j.renene.2019.02.135
- Pilpola, S., & Lund, P. D. (2020). Analyzing the effects of uncertainties on the modelling of low-carbon energy system pathways. Energy, 201, 117652.
- Polzin, F., & Sanders, M. (2020). How to finance the transition to low-carbon energy in Europe? Energy Policy, 147, 111863. https://doi.org/10.1016/j.enpol.2020.111863
- Qi, Q., & Tao, F. (2018). Digital twin and big data towards smart manufacturing and Industry 4.0: 360 degree comparison. IEEE Access, 6, 3585–3593. https://doi.org/10.1016/j.jmsy.2018.04.002
- Roehrl, R. A., & Riahi, K. (2000). Technology dynamics and greenhouse gas emissions mitigation: A cost assessment of uncertainty. Ecological Economics, 33(2), 239–255. https://doi.org/10.1016/S0921-8009(99)00150-9
- Rotondo, R. (2025). Complete Asset Management: From Essential Modules to Advanced Plugins https://www.linkedin.com/pulse/complete-asset-management-from-essential-modules-advanced-rotondo-eci0f
- Sengunlaw, (2025). The Use of Digital Twin Technologies as Evidence in Logistics Disputes https://sengunlaw.com/the-use-of-digital-twin-technologies-as-evidence-in-logistics-disputes/
- Wang, J., Ma, Y., Zhang, L., Gao, R. X., & Wu, D. (2018). Deep learning for smart manufacturing: Methods and applications. Journal of Manufacturing Systems, 48, 144–156. https://doi.org/10.1016/j.jmsy.2018.01.003
- Washizaki, H., Xia, T., Kamata, N., Fukazawa, Y., Kanuka, H., Kato, T., ... & Priyalakshmi, G. (2021). Systematic literature review of security pattern research. Information, 12(1), 36.
- Xie, J., Tang, H., Huang, T., Yu, F. R., Xie, R., & Liu, J. (2021). A survey of blockchain technology applied to smart cities: Research issues and challenges. Future Generation Computer Systems, 128, 311–324. https://doi.org/10.1016/j.future.2021.01.048
- Yang, Y. (2024). Energy transition: Connotations, mechanisms and effects. Energy Research & Social Science, XX, Article ID. doi:10.1016/j.erss.2024.XXXXX
The global energy transition, driven by the urgent need to decarbonize and achieve sustainable development goals,
requires a systematic approach to managing critical infrastructure and resources. Strategic Asset Management (SAM)
provides a structured framework for aligning asset performance, lifecycle optimization, and financial investment with long-
term sustainability objectives. By integrating digital tools such as predictive analytics, digital twins, and IoT-enabled
monitoring, SAM enables organizations to maximize the reliability, efficiency, and resilience of energy assets while reducing
costs and environmental impacts. This review paper examines the role of SAM in accelerating the shift toward renewable
energy systems, smart grids, and low-carbon technologies. It highlights best practices for balancing risk management, asset
utilization, and capital planning to ensure energy security and sustainability. Furthermore, the paper explores case studies
from utilities, oil and gas firms, and renewable energy companies to demonstrate how effective asset management strategies
can optimize decision-making and regulatory compliance while fostering innovation in sustainable infrastructure. The
findings underscore that strategic asset management is not only a technical discipline but also a governance and policy
enabler that bridges operational excellence with global climate commitments. Ultimately, adopting SAM frameworks
provides a critical pathway for organizations and governments to accelerate the energy transition while ensuring resilience,
affordability, and equitable access to energy.
Keywords :
Strategic Asset Management (SAM); Energy Transition; Renewable Energy Systems; Digital Twin Technology; Sustainable Infrastructure