Former RWE Renewables chief Anja-Isabel Dotzenrath is due to take over oil major BP’s gas and low-carbon energy unit from next March.
Dotzenrath left RWE Renewables last month as the company announced the division would split its offshore wind business from its onshore wind and solar PV businesses.
She will replace BP’s current executive vice president for gas and low carbon energy, Dev Sanyal, who will leave the company at the end of 2021. BP has not confirmed who will take over in the interim.
BP CEO Bernard Looney said Dotzenrath would “help lead BP’s transformation from international oil company to integrated energy company”.
Dotzenrath is an electrical engineer with more than 25 years of senior experience in energy, industry and management consultancy. This includes eight years at German utility E.on, where she served as chief executive of its climate and renewables division and CEO of its combined conventional and renewable power business, among other roles.
She helped lead the integration of E.on and Innogy’s clean energy businesses into RWE to form RWE Renewables. She also has helped RWE Renewables’ development into a major offshore wind player.
Dotzenrath said: “BPs global reach, ambitious low-carbon growth targets and vision for a net zero future are a great platform for making a material contribution to a more sustainable and inclusive energy future.
“By integrating gas, renewables, hydrogen and biofuels at scale we can build a world-leading business in low carbon.”
BP aims to develop 20GW (net) of renewable assets by 2025 and aims for 50GW by 2030. It has developed 3.7GW of renewable power capacity to date and has a further 21GW development pipeline – most of which (83%) is solar PV, with the remainder being offshore wind
The company expects to invest around $2 billion in low-carbon energy in 2021, rising to $3-4 billion in 2025 and around $5 billion in 2030. According to its second quarter financial results presentation, BP plans to invest around $13 billion across all of its divisions – which also includes oil and gas and mobility – in 2021 and $14-16 billion in 2025. It has not confirmed total investment plans for 2030.
BP aims to become a net zero company by 2050.