Hafslund AS is a group with ownership within the power industry. The group is fully owned by Oslo municipality. Hafslund's core business streams are hydropower, with 56 percent ownership in Norway's second largest hydropower company Hafslund Eco AS, and district heating, as majority shareholder (60 percent) in Norway's largest district heating company Hafslund Oslo Celsio AS. The group also owns 50 percent of Eidsiva Energi and thereby 50 percent of Norway's grid company Elvia, as well as broadband and bio heat. Hafslund AS also owns 49 percent of Fredrikstad Energi AS. The group has also ownership in Hafslund New Energy with operations within electrification[1] and Hafslund is one of three partners in the offshore wind partnership Blåvinge together with Fred. Olsen Renewables and Ørsted.[2]
Hafslund headquarter is located at Skøyen in Oslo and the group has 655 employees as per June 2022.
Business areas
Hydropower
Hafslund's hydropower company, Hafslund Eco, owns, operates and maintains hydro power plants, delivers system services to the power system and sells power in the wholesale market. Hafslund Eco owns, fully or partly, 81 hydro power plants in Inlandet, Viken and Vestland[3] with power production equal to 18 TWh. The company operated in total 21 TWh. Since 2017, Hafslund Eco has built four new large power plants in Eastern Norway with power plants in Rosten, Vamma, Nedre Otta and Tolga.
District heating
Hafslund is majority owner in Hafslund Oslo Celsio, former Fortum Oslo Varme. Hafslund Oslo Celsio is Norway's largest producer of distrivct heating and delivers tap water and heat to more than 200,000 people in greater Oslo.[4] The company operates two waste incineration plants that deliver heat to the district heating production.
Ownership in Eidsiva Energi and grid
Hafslund has also a significant ownership in grid operations, district bio heating and broadband through 50 percent ownership in Eidsiva Energi. Eidsiva Energi owns 100 percent of Elvia that is Norway's largest grid company with 940,000 customers. Elvia builds, operates, maintains and renews power grid in Innlandet, Viken and Oslo. Eidsiva Energi also owns Eidsiva Bioenergi, which is Norway's third largest district heating provider that delivers 400 GWh heat through own infrastructure to private persons and businesses at Innlandet, as well as Eidsiva Broadband that delivers fiber and broadband to more than 80,000 customers, primarily at Innlandet.
History
Origin
The Hafslund corporation was founded on 18 March 1898 in order to build Hafslund power plant alongside Sarpfossen at Hafslund in order to supply a carbide factory with electricity.[5] Construction started already in 1896,[6] and the power plant was fully built in 1899 with installed capacity of 5200 kW.[7] In 1907 the power demand had reached above the amount that Hafslund power plant could cover and there was built a transition line to Kykkelsrud power plant. This marked the beginning of Hafslun's expansion.[8] In 1910 all Kykkelsrud shares were transferred to Hafslund and in 1912[9] and in 1912 Vamma Fossekompani was acquired.[10]
Subsidiaries and partly owned companies
In September 2022 Hafslund AS had direct ownership in the following companies:
- Hafslund Eco Vannkraft AS (56%)
- Hafslund Oslo Celsio AS (60%)
- Eidsiva Energi AS (50%)
- Fredrikstad Energi AS (49%)
- Hafslund Ny Energi AS (65%)