Buskerud, NO5 Zone

Hol 2 Hydropower Plant

Hol 2 is an active hydropower facility in the Drammensvassdraget system, operated by Hafslund Kraft AS. Explore technical specifications, ownership structure, and data center suitability.

Hol 2 at a Glance

Hol 2 (NVE ID 156) is a Kraftverk (run-of-river or storage hydropower plant) located in Hol municipality, Buskerud county, Norway. The facility has been in operation since 1956 and remains an active concession holder under Norwegian energy regulation. It forms part of the Drammensvassdraget water system—one of Norway's significant hydroelectric basins.

The plant operates within the NO5 electricity price zone, connecting to the broader Nordic power market through Statnett's transmission infrastructure. As a data-driven investment platform, HydroSec provides transparent, fact-based assessments of such facilities for asset managers, family offices, and institutional investors seeking exposure to Norwegian hydropower assets.

Ownership & Concession

HAFSLUND KRAFT AS holds the primary concession for Hol 2. Hafslund Kraft is a significant operator within Norway's hydropower sector, managing multiple facilities across the country. The concession status with the Norwegian Water Resources and Energy Directorate (NVE) is active, confirming the plant's legal right to operate and generate electricity.

Investors evaluating Hol 2 should review the full ownership structure and operational history via the linked owner profile, which provides additional context on Hafslund Kraft's portfolio, financial performance, and regulatory standing.

Hydrological Context

Hol 2 draws water from the Drammensvassdraget catchment area, one of Norway's major river systems. This watershed encompasses significant precipitation and runoff patterns across Buskerud and neighboring regions, influencing the plant's seasonal water availability and power generation profile.

Understanding the hydrology of Drammensvassdraget is essential for assessing long-term energy yield and climate resilience. Detailed hydrological data—including historical inflow patterns, seasonal variation, and climate projections—becomes available upon registration on the HydroSec platform.

Regional & Grid Context

Location: Hol municipality, Buskerud county Electricity Zone: NO5 (Southern Norway) Nearest Statnett Transformer Station: Hol 2 (~0 km) Nearest Industrial Hub: Årdal (Hydro operations, ~76 km)

The proximity to the Hol 2 transformer station indicates direct grid connection capability, minimizing transmission losses and infrastructure costs. The NO5 zone is characterized by competitive power pricing and strong demand from industrial and residential consumers across Southern Norway.

Data Center Suitability Assessment

HydroSec rates Hol 2 with a Grade A for data center hosting potential, based on qualitative infrastructure and location factors. This rating reflects:

  • Proximity to grid infrastructure (direct transformer connection)
  • Regional power availability and zone stability
  • Estimated cooling capacity suitable for small-to-medium data center deployments (max ~5 MW)
  • Operational reliability of the underlying hydropower facility

A Grade A designation indicates strong suitability for colocation or dedicated data center operations, though detailed technical specifications, power quality metrics, and site-specific constraints are available only to registered users.

What's Available After Registration

HydroSec's full data suite for Hol 2 includes:

  • Installed capacity (MaksYtelse) and average annual production (MidProd)
  • Gross head (BruttoFallhoyde) and detailed turbine specifications
  • Historical generation data and seasonal production profiles
  • Hydrological analysis including inflow statistics and drought resilience
  • Sub-scores for data center suitability (cooling, power quality, redundancy)
  • Detailed site infrastructure maps and grid connection specifications
  • Regulatory filings and concession terms from NVE

Registration unlocks investor-grade due diligence materials for institutional analysis and portfolio assessment.

Risks and Limitations

Regulatory Risk: Hydropower concessions in Norway are subject to periodic review and potential modification by NVE. Changes in environmental regulations, water allocation policies, or grid requirements may affect operational parameters or profitability.

Hydrological Variability: Power generation depends on precipitation and snowmelt patterns, which fluctuate seasonally and annually. Drought periods or climate shifts may reduce output below historical averages.

Market Risk: Electricity prices in the NO5 zone are exposed to Nordic power market dynamics, including seasonal variation, cross-border flows, and renewable energy penetration.

Infrastructure Risk: Grid connection reliability, transformer capacity, and transmission constraints may limit revenue potential or require capital investment.

Data Limitations: This overview reflects publicly available information from NVE and HydroSec's data center. Detailed technical and financial parameters require registration and may be subject to confidentiality agreements with the concession holder.

Disclaimer: This page provides factual, data-driven information about Hol 2 for informational purposes only. It does not constitute investment advice, financial analysis, or a recommendation to buy, sell, or hold any asset. Past performance and regulatory status do not guarantee future returns. Investors should conduct independent due diligence and consult legal, tax, and financial advisors before making investment decisions.

Frequently asked questions

What is Hol 2's NVE identification number?

Hol 2 is registered with the Norwegian Water Resources and Energy Directorate (NVE) under ID 156.

Who operates Hol 2?

Hafslund Kraft AS holds the primary concession and operates Hol 2 as an active hydropower facility.

When did Hol 2 begin operation?

Hol 2 was commissioned on 31 December 1956 and has operated continuously since then.

Which water system does Hol 2 belong to?

Hol 2 is part of the Drammensvassdraget (Drammen River system), a major hydroelectric catchment in Norway.

What electricity price zone is Hol 2 in?

Hol 2 operates in the NO5 price zone, which covers Southern Norway and connects to the Nordic power market.

What is the data center suitability grade for Hol 2?

Hol 2 receives a Grade A rating for data center hosting potential, with estimated maximum capacity of approximately 5 MW, based on infrastructure proximity and power availability.

How close is Hol 2 to grid infrastructure?

Hol 2 is located approximately 0 km from the nearest Statnett transformer station (Hol 2), enabling direct grid connection.

What detailed technical data is available after registration?

Registered users gain access to installed capacity, average production figures, gross head specifications, historical generation data, hydrological analysis, and detailed site infrastructure maps.

Sources

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