Susan Petty, founder and president of five-year-old Altarock Energy LLC. (Courtesy of Altarock Energy) |
Petty, the founder and president of the Seattle startup AltaRock Energy Inc., says she is just trying to do for geothermal energy what hydraulic fracturing has done for oil and gas.
About two months from now, the company will pump millions of gallons of water into the ground near the base of an Oregon volcano using Petty's version of a technique that Halliburton Co. first used on a geothermal well in the 1970s.
Its given name? Hydraulic fracturing. Fracking being as controversial as it is, Petty prefers to call it "hydro-shearing."
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