Tag: Kleiner Perkins Caufield & Byers

Enhanced Geothermal Energy Project Halted in The Geysers

Steam-powered electricity generation in The GeysersLate in 2008, George Bush’s Department of Energy committed $6 million to Sausalito-based AltaRock Energy (as part of a consortium…see addendum below) for energy production using Enhanced Geothermal Systems (EGS). EGS technology works by by injecting water down a deep well into hot rock, fracturing the rock and creating steam which is piped to the surface where it turns turbines and generates electricity. Yesterday, the project was halted due to drilling problems.

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