The Role of Strategic Asset Management in Accelerating the Energy Transition

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.