Asset Energisation in China's Large Construction Firms: Advancing Renewable Energy Integration and Low-Carbon Development

Abstract

This study examines the application of sustainable asset management in large construction firms in China, focusing on the integration of renewable energy and its role in advancing low-carbon development and industry sustainability. The construction sector faces significant challenges related to energy consumption, carbon emissions, and the transition towards sustainability, particularly in achieving low-carbon goals. This study explores how optimising asset management practices can facilitate the adoption of green technologies. By employing a SWOT analysis, this research uniquely assesses the integration of renewable energy in the asset management process within large construction firms. The findings reveal that while these firms benefit from strong infrastructure and financial support, they face challenges in adopting emerging energy technologies. Opportunities arise from policy support and declining costs of renewable energy technologies, while external threats, such as market volatility and financial constraints, persist. The novelty of this study lies in its application of the SWOT analysis framework to evaluate the energisation process in large construction firms. The findings provide valuable insights for advancing low-carbon development in China’s construction sector and offer practical implications for future renewable energy integration.