The challenge Our society relies heavily on technical systems to provide essential products and services such as energy, transportation, food, and products. These systems (called assets) are typically large in scale or size, are costly to build and maintain, and have lifespans that are often expressed in decades. The world that these assets inhabit is rapidly changing. This is reflected by climate change, resources becoming scarce, or economic activity exceeding planetary or social boundaries. In addition, the energy sector is transitioning to decentralized and renewable energy systems, the industry is progressing towards an Industry 5.0 ideal, and resources are increasingly sourced from renewable or regenerative sources. Whether it is through intrinsic motivation (creating value) or extrinsic motivation (e.g. CSRD compliance), Asset Management organizations are becoming increasingly motivated to make their Asset Management organizations more sustainable.
In response, the financial, environmental, and social sustainability of these physical assets is of growing importance to academia, industry, and society as a whole. Sustainable Asset Management (SAM) is a rapidly developing research area that can be understood as the governance and realization of sustainable value from large-scale technical systems. SAM focuses on utilizing and adapting Asset Management strategies to develop state-of-the-art insights, plans, and strategies for attaining and aligning the sustainability objectives of asset management organizations.
As a PhD student, you will be responsible for leading and carrying out a challenging full-time 4-year research project on the further development of the field of Sustainable Asset Management by developing new methods, tools, and strategies at the intersection of sustainability and asset management. The research will focus on various aspects of SAM, including:
- Strategies for assets to adapt to changes in the environment, including Climate Change Adaptation, Energy Transition, and the transition toward a Circular Economy
- Translating these strategies into Asset Management practice through Strategic Asset Management Planning and Asset Management Planning.