We’re creating the nation’s lowest cost, highest GHG-abating, most flexible energy storage network by re-purposing oil and gas infrastructure.
The oil industry has a big problem that has been ignored for far too long: millions of idle oil wells leaking emissions with high cleanup costs. In this problem, Renewell sees opportunity.
What if we could repurpose idle oil and gas wells to simultaneously reduce emissions, incentivize cleanup, and create revenue streams for well owners? By converting old oil wells into gravity energy storage devices using our patented gravity energy storage technology, we’re giving the environment, the oil industry, and the electric grid a win, win, win.
On the latest episode of Hardware to Save a Planet, Kemp Gregory was invited to discuss Renewell’s innovative approach to repurposing idle oil and gas wells for gravity-based energy storage.
Texas continues to break solar power records, further solidifying its leadership in renewable energy. Amid this growth, Renewell Energy is pioneering gravity energy storage by repurposing idle oil wells. This innovative technology not only provides sustainable energy storage but also helps clean up abandoned wells, contributing to a cleaner, more resilient energy future for Texas.
In the quest for reliable energy storage solutions, Renewell Energy is leading the charge with its innovative Gravity Well system. By repurposing idle oil wells into gravity energy storage units, we offer a cost-effective and environmentally friendly alternative for storing and releasing electricity. Our technology not only enhances the reliability of renewable energy but also helps clean up idle oil wells. Discover how Renewell Energy is shaping the future of clean energy storage in Texas.