The Helidyne power company, based out of Vancouver, Wash., doesn't have much market presence.

It's only been to one exposition show to display its product, and the company's services are still in the research and development phase.

But what it is working on could be a game-changer for the renewable energy industry, according to a company founder and an industry professional.

Helidyne, which was in Reno this week for a recently concluded national geothermal summit, has developed a system that has the potential capture 5,000 megawatts of power each year. That's about $2.1 billion in electricity sales, said Kevin Kerlin, co-founder of Helidyne.

The technology harnesses existing liquid pressure in abandoned oil wells, hundreds of thousand of which dot the U.S. landscape.

And the company is considering moving to the Reno area.

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