Germany's RWE Power plans to transfer its nuclear power plant operations, along with their employees, into a new stand-alone company, RWE Nuclear GmbH, which was registered in Essen on 25 July and is scheduled to enter the market on 1 January 2018.
RWE Power said dismantling nuclear plants will become an increasingly important activity in the coming years, adding that RWE Power's main business will continue to be electricity generation.
The management of RWE Nuclear GmbH will be undertaken by Nikolaus Valerius and Gabriele Strehlau. Nikolaus Valerius, currently RWE Generation Head of Division for hard coal and gas in Germany and the Netherlands, has been appointed to the Executive Board of RWE Power AG starting 1 September. He will be responsible for nuclear energy. Gabriele Strehlau heads the Nuclear Energy Controlling department at RWE Power.
Restructuring involves a company-internal process within the Group and does not imply any change in liability. RWE AG will continue to be liable for the tasks assigned to it by law, in accordance with the statutory provisions on the reorganisation of responsibility in nuclear waste management, the company said. Company organisation and the persons responsible for nuclear power in the respective plants will be unchanged and the reorganisation “will not materially affect the employees”.
Photo: Gundremmingen nuclear power plant (Credit RWE)