Energy Storage using
Gravity Well Technology
How Renewell’s Gravity Well Technology Powers Clean Energy Storage
At Renewell Energy, we’re turning unused oil and gas wells into energy storage assets with our gravity well technology. This patented system transforms inactive wells into sustainable energy storage sites, helping to meet the growing need for renewable energy storage and reduce environmental impacts. The impacts of Renewell’s efforts were recently highlighted in CleanTechnica’s examination of sustainable solutions like our gravity well innvations for Texas’ energy grid.
The Concept: Harnessing Gravity for Sustainable Power
Gravity wells use the basic principle of gravitational energy. Here’s how it works: a heavy weight is raised or lowered within an inactive well, capturing or releasing energy in sync with grid demand. This technology is a breakthrough because it can store significant amounts of energy without relying on chemical batteries.
- Energy Storage Process – When renewable energy sources, such as wind or solar, are producing excess power, the surplus energy is used to lift a heavy weight to the top of an inactive well. This stores the energy as gravitational potential.
- Energy Release – During times of high demand, the weight is gradually lowered, turning a regenerative winch to generate clean electricity. This release process helps stabilize energy supply without the need for additional power plants.
- Carbon-Negative Impact – Unlike other energy storage solutions, Gravity Wells have a net-negative carbon footprint. Methane leaks from idle oil wells are a major environmental concern, but Renewell’s solution effectively caps these leaks as part of the Gravity Well installation. Methane’s warming impact is more than 80 times that of CO₂ over 20 years, so each Gravity Well significantly contributes to climate mitigation.
The Scale of the Opportunity
Inactive oil and gas wells across the United States represent a vast untapped energy storage resource. According to EPA estimates, over 3.4 million inactive wells are scattered across the U.S., with approximately 2.1 million of those being “idle”—meaning they haven’t been capped or properly abandoned. This number continues to grow, with between 30,000 and 50,000 new inactive wells added every year.
Depth Matters: Storage Potential and Regional Distribution
Not all wells are suitable for gravity-based energy storage; the depth of the well is critical because the energy storage capacity increases with the square of the depth. Renewell’s gravity well technology requires wells that are at least 3,000 feet deep to be economically viable for conversion. At this depth:
- Current Potential: More than 497,000 inactive wells in the U.S. meet this requirement, representing an impressive 108 GWh of storage capacity. This capacity is over four times the total installed storage capacity in the U.S. as of 2021 and nearly five times the capacity of traditional pumped hydro storage.
- Future Potential: Including wells that are currently active but will eventually become inactive, this potential grows to over 257 GWh—more than enough to support a renewable grid and accommodate the storage needs of expanding wind and solar power.
Regional Insights
The highest concentrations of inactive wells are in Texas, which holds 50% of all U.S. wells suitable for Gravity Well conversion, followed by Oklahoma at 8%. These states, along with Louisiana, Wyoming, New Mexico, Colorado, and North Dakota, make up nearly 90% of the U.S. storage potential. California, for instance, has 5.7 GW of storage potential, approximately 10% of what California needs to meet its ambitious renewable energy goals.
A Path to Renewable Energy Independence
Renewable energy from sources like wind and solar is essential to a sustainable energy future, but without storage, these sources can’t provide reliable, 24/7 energy. By turning inactive oil wells into gravity wells, Renewell is creating a solution that meets the storage needs for a fully renewable grid.
Beyond its energy benefits, Renewell’s gravity well solution transforms abandoned wells from environmental liabilities into assets. This approach could save approximately $287 billion in plugging costs while addressing methane leaks equivalent to 664 million tons of CO₂—turning would-be environmental hazards into a positive force for the energy transition.
Contributing to a Cleaner, Sustainable Future
Each gravity well adds critical storage capacity that supports a renewable energy grid. Renewell Energy is working to convert 1.8 million idle wells, aiming to provide 132 GWh of storage. That’s about 5% of the storage capacity needed to achieve a fully renewable energy grid in North America. As we work to build partnerships with oil and gas companies, Renewell Energy is paving the way for a cleaner, more sustainable future where old infrastructure is reimagined as a cornerstone of energy independence.
Want to learn more about how Renewell Energy is leading the charge in gravity energy storage? Contact us today and discover how our innovative Gravity Well system can help power a sustainable future.
A Closer Look.
Renewell’s “Gravity Well” technology utilizes a mechatronic energy conversion system to convert idle oil and gas wells into the lowest cost, greenest energy storage in existence. A Gravity Well charges and discharges by lifting and lowering a long cylindrical weight, which consists of used oilfield tubing or casing and high-density filling. It is suspended by wire rope in an idle well that is sealed with a cement plug before installation. An ultra-high-efficiency motor-generator converts the system’s potential energy to electrical energy for use on the grid.
Idle oil and gas wells are an ideal host for gravity energy storage due to their depth, expensive plug and abandonment (P&A), pre-existing electrical infrastructure, and current methane emissions. US wells average ~5,200ft of depth, greatly increasing (>10x vs. competitors) the storage potential of each kilogram of suspended weight. Combining this high-value storage with the high-cost, legally required P&A process offers the lowest cost energy storage available (LCOS = $63/MWh). Up to 40% of idle wells have been found to leak methane. Sealing the well during installation stops these emissions, making a Gravity Well the only energy storage technology with directly net-negative lifecycle GHG emissions.
Offering 40 to 500 kWh per well in over 1,000,000 viable US wells, this technology maximizes benefits from economies of scale.