bp has announced the appointment of Anja-Isabel Dotzenrath as its new executive vice president, gas and low carbon energy, and member of bp’s leadership team. Until recently she was chief executive officer of RWE Renewables, one of the world’s leading renewables businesses. Dotzenrath will join bp on 1 March 2022.
Bernard Looney, bp chief executive, says, “I am delighted that Anja has chosen to join us and help lead bp’s transformation from international oil company to integrated energy company. She is exactly the right person for bp, at exactly the right time – a globally respected and deeply experienced leader in renewable energy with a proven track record of transforming and growing businesses.”
“I have been hugely impressed by the quality of her strategic thinking and her deep operational expertise. But as impressive as this is, I am even more impressed with how she has done it – leading teams with the right values and a strong sense of purpose. I look forward to welcoming Anja and working together to create value as we drive bp towards net zero and help the world get there too,” Looney continues.
Anja-Isabel Dotzenrath is an electrical engineer with more than 25 years of senior experience in energy, industry and management consultancy, including at the highest level in leading and transforming major renewable energy companies.
She led the development of RWE Renewables into one of the world’s largest renewable power companies and the second largest offshore wind player globally, integrating the renewables businesses of E.ON and Innogy into RWE to form RWE Renewables in 2019. Before becoming chief executive of RWE Renewables on its formation, she led E.ON’s Climate & Renewables business as chief executive and previously chief operating officer.
Anja-Isabel Dotzenrath says, “I spent much of my career building renewables businesses, and I’m thrilled about the opportunity ahead with bp. Its 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. I can’t wait to join the team and get to work on helping prove that purpose and profitable growth can work together.”
bp’s strategy aims to significantly expand its low carbon energy interests, with a target of having developed 20 GW net of renewable assets by 2025 and aiming for 50 GW by 2030. bp expects to invest around USD 2 billion in low carbon energy in 2021, rising to USD 3-4 billion in 2025 and aiming for around USD 5 billion in 2030.
So far in 2021, bp has entered offshore wind in both the US and UK, acquired a major solar development pipeline in the US and its solar joint venture Lightsource bp has continued to grow. By the end of the first half of 2021, bp had developed 3.7 GW of renewable power capacity and had a further 21 GW development pipeline.