The Irish VC

BVP

This podcast will bring you the latest interviews from some of the leading figures within the venture capital landscape in Ireland and abroad. Our interviews focus on a diverse range of people from founders to investors. The goal is to find out about the highs and lows of each individual's journey to date and to give our audience a unique insight into the different elements of our ecosystem.

  1. The Irish VC ep36: Unlocking Ireland’s Renewable Future - An Interview with Pat Smith of Local Power Ltd

    6 MAY

    The Irish VC ep36: Unlocking Ireland’s Renewable Future - An Interview with Pat Smith of Local Power Ltd

    Discover insights from Pat Smith, Managing Director of Local Power Limited, on Ireland’s renewable energy prospects, particularly in biomethane, solar PVs, and battery storage. This episode explores how farmers and rural communities can harness green energy, the importance of government support, and the role of innovative projects in shaping Ireland’s sustainable future.Main Topics Covered: Pat Smith’s background and journey into agriculture and energyThe Irish farming community’s role and challenges in renewable energy adoption.Current tensions between farmers and government, and what’s driving unrestThe potential of biomethane, solar PV, and battery storage for IrelandGovernment policies and the urgent need for clear support in renewable sectorsLocal Power’s projects and future plans, including Ireland’s first fully licensed biomethane facilityPractical advice for startups and young entrepreneurs in renewable energyLocal Power LimitedBVP Website www.bvp.ieTimestamps:00:00 - Introduction to Pat Smith and his journey from farm background to renewable energy innovator03:17 - The evolution from traditional farming into energy entrepreneurship with Local Power06:16 - Current tensions between farmers and government, and what’s driving unrest08:12 - The importance of diversification: energy solutions for farmers and rural communities10:28 - What is biomethane and its significance for Ireland’s energy independence12:37 - Challenges and policy gaps blocking biomethane industry growth14:24 - The stalled Carna Ross biomethane project – opportunities and government support needed15:52 - The philosophy behind Local Power’s mission to keep power within rural communities17:08 - Advances in battery storage technology and its role in renewable energy management19:00 - The growth of solar PV installations among farms and businesses in Ireland20:33 - The impact of government grants and incentives on accelerating renewable adoption21:36 - How businesses and farmers can get involved with Local Power and renewable projects23:23 - Advice for startups and young entrepreneurs in renewable energy26:44 - Key takeaways on resilience, pivoting, and smart work in building a successful business28:23 - The bright future for Ireland’s renewable sector, despite current setbacks28:58 - Insights on collaboration with BVP investor group and funding opportunities for biomethane30:17 - Ireland’s first fully licensed biomethane plant – ambitions and stakeholder benefitsResources & Links:Connect with Pat Smith.

    29 min

About

This podcast will bring you the latest interviews from some of the leading figures within the venture capital landscape in Ireland and abroad. Our interviews focus on a diverse range of people from founders to investors. The goal is to find out about the highs and lows of each individual's journey to date and to give our audience a unique insight into the different elements of our ecosystem.

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