The US and Canada have
inactive oil wells…
What if we could convert them to
renewable energy storage?
With Renewell, it’s possible.
Millions of abandoned wells.
There are over 2.6 millions wells in the US and Canada alone that need to be cleaned or plugged.
Many of these wells leak methane and other environmentally harmful pollutants into air and soil.
The cost of cleaning and plugging these wells is prohibitive, and there’s little incentive to do so.
Uses existing wells.
Our technology repurposes existing wells to convert them into renewable energy storage.
Increase environmental compliance.
By converting the inactive well into a gravity well, we increase environmental compliance
Our solution costs less than plugging and abandoning wells and can create long-term revenue for the well owner.