Renewell Energy Newsroom | Press For Oil Wells That End Well
In the News
CTO Stefan Streckfus Explains How Renewell’s Gravity Well Transforms Oil and Gas Liabilities into Green Energy Storage
Watch Renewell CTO Stefan Streckfus present at EnerCom Denver 2025 on how our patented Gravity Well system is transforming oil and gas assets. The presentation details how our solution provides highly scalable gravity energy storage and a profitable method to clean up idle oil wells, creating a new revenue stream for the industry. Learn how we generate zero-emissions electricity from gravity and support the need for cost-effective green energy storage.
Published by EnerCom + Oil & Gas 360
Rewiring the Past: How Old Oil Wells Become New, Low-Cost Green Energy Storage
Renewell Energy is featured in The Cool Down for our work transforming inactive oil wells into long-duration gravity-based energy storage. As New Mexico considers legislation to support clean energy redevelopment of aging wells, our gravity well technology offers a scalable, zero-emissions path to electricity from gravity, helping to repurpose idle oil wells and deliver sustainable, green energy storage.
Published by Hart Energy
Proving the Concept: Renewell’s Gravity Well Innovation Drives New Regulatory Path for Green Energy Storage
Renewell Energy is pioneering the regulatory path for scalable gravity energy storage by converting inactive oil and gas infrastructure into grid assets. The recent Environment+Energy Leader article highlights how our Gravity Well technology provides a clear solution to two major challenges: the urgent need for green energy storage and the costly mandate to clean up idle oil wells. Our work is acting as the definitive proof-of-concept for policymakers, demonstrating a flexible, net-negative-carbon method for delivering electricity from gravity and transforming industry liability into a core energy resource. Investors are taking notice of this revolutionary approach to infrastructure repurposing.
Published by E+ELeader
The Cool Down Has High Praise For Renewell Energy’s Potential Under New Mexico House Bill 361
Published by The Cool Down
Planetizen Recognizes Renewell’s Focus Sustainability and Creating Oil Wells That End Well
Renewell Energy was happy to be profiled by CleanTechnica’s coverage of Texas renewable energy solutions.
Published by Planetizen
Renewell Included in List of 20 Energy Companies to Watch
Renewell Energy has been named one of StartUs Insights’ “20 Oil & Gas Startups to Watch in 2025.” The article highlights our patented Gravity Well system — a scalable, mechanical energy storage solution that delivers electricity from gravity by repurposing idle oil wells. As we continue to expand, this recognition reinforces the value of green energy storage innovations that also clean up idle oil wells and transform aging infrastructure into climate-forward assets.
Published by StartUs Insights
New Mexico’s House Bill 361 is a Boon To Renewell Energy’s Efforts
Published by Santa Fe Reporter
Repurposing Oil Wells: Renewell’s Vision for a Sustainable Energy Future
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.
Published by Hardware to Save a Planet
CleanTechnica: Texas Shatters Solar Power Records, Paving the Way for Clean Energy Innovations
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.
Published by CleanTechnica
Innovative Energy Storage Solutions Emerging in Texas: Renewell Energy Leads the Way
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.
Published by CleanTechnica
Lessons For The Oil And Gas Industry (Forbes)
The recent COP28 UN Climate Change Conference shed light on pivotal strategies for the oil and gas industry’s evolution amidst the global push towards cleaner energy.
Published by Forbes
A Nod to Renewell at the COP28 Climate Change Conference
Renewell Energy was spotlighted in this recent article about the COP28 UN Climate Change Conference in Dubai, where discussions emphasized the importance of transitioning to cleaner energy sources.
Published by Medriva.com
SOSV CLIMATE TECH: Renewell Energy and the Future of Grid-Level Energy Storage
Renewell Energy is leading the charge in clean energy innovation by repurposing idle oil wells for gravity energy storage. Our unique approach uses gravity energy batteries to store and release electricity, providing a cost-effective and environmentally friendly solution. With backing from the Department of Energy and leading investors, we’re making renewable energy more reliable and helping to clean up idle oil wells. Discover how we’re driving the future of sustainable energy.
Published by SOSV Climate Summit
Long-Duration Energy Storage Connects the Wind and Solar Dots in Texas
A new resource for businesses seeking clean energy is emerging in the form of long-duration energy storage systems. Long-duration systems can produce electricity from wind and solar resources on a steady basis.
Published by Triple Pundit
Renewell Brings Energy to Texas’ Clean Power Efforts
Renewell Energy is taking an innovative approach to repurposing old wells for new energy storage.
Published by CleanTechnica
Oil well project would commercialize gravity energy storage
Bakersfield startup Renewell Energy is working on its first commercial system using renewably powered winches to lift weights from near the bottom of oil wells.
Published by Bakersfield.com
Oil Wells’ Next Act
There are a staggering number of defunct oil and gas wells across the US. Renewell Energy sees them as an untapped climate solution.
Published by Bloomberg News
Genius Idea to Recycle Oil Wells
There are more than 1 million oil wells in the U.S. – many already abandoned. Renewell wants to put them to work.
Published by ABC Columbia
Converting Wells to Energy Storage
Renewell Energy publishes a white paper on the logistics behind their technology that converts oil and gas wells to energy storage.
Stanford students turn oil wells into batteries
Stanford News highlights Renewell’s efforts to turn oil wells into batteries and bring solar to Nigeria in energy entrepreneurship class.
Published by Stanford News
Stanford men find an unlikely home in East Texas at PCDworks’ Hard Tech Base Camp
This article was published by in the Tyler Morning Telegraph on November 1, 2021. Stefan Streckfus and Kemp Gregory discuss the potential of using oil wells for renewable energy.
Published by Tyler Morning Telegraph
The Storage Potential of Gravity Wells
An excerpt from our white paper on the storage potential of gravity wells. As the penetration of variable renewable energy resources increases, the availability of energy storage becomes more important.
Oil wells for clean energy production and storage
What to do with all of those oil wells? Use them to produce and store clean energy, of course.
Published by The Impact
Stanford alumni create prototype to strengthen power grid at business incubator in East Texas
Through the technology, old oil and gas wells will eventually become a source of renewable energy to strengthen power grids.