Renewell Brings Energy to Texas’ Clean Power Efforts

Renewell Energy is taking an innovative approach to repurposing old wells for new energy storage.

If Energy Vault’s gravity-base system ever gets to Texas, it may already have some company. The US startup Renewell, which has offices in Texas and California, is marketing a gravity-based energy storage system that can be retrofitted into idle oil and gas wells.

Called Gravity Well, the system doubles as an abandoned well-sealing and monitoring operation.

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