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Payette County Commissioners expected to vote on AEHI proposed nuclear power plant April 23, 2010

Posted by cleanidahoenergy in AEHI, approval process, Payette County, public opinion, rural nuclear, Uncategorized.
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EAGLE, IDAHO – April 23, 2010 – Alternate Energy Holdings, Inc. (OTCBB: AEHI) — Payette County Commissioners are expected to announce their decision Monday, April 26th at 11:00 AM concerning a change to the county’s comprehensive plan.  If approved, it would open the door to a proposal to build a nuclear power plant near New Plymouth, Idaho.

Commissioners currently have four different plan changes to choose from, all of which work very well for a nuclear power plant.  Should they choose the AEHI proposal, the company can then move forward on plans to rezone the property from agricultural to industrial.

“The county and an overwhelming majority of residents have already spoken out at a number of public meetings, telling the commissioners they want nuclear power in their community, and I believe the commissioners paid close attention to those requests,” said Don Gillispie, AEHI CEO.

The change to the comprehensive plan not only makes it possible to use the 5,000 acre parcel near Big Willow Road and Stone Quarry Road for industrial purposes, but it is worded specifically for a nuclear power plant.  This means the plan would allow for an industrial complex on the land only if that complex is a nuclear power plant.

The proposal has met with a great deal of support in Payette County, since the plant is expected to produce around 5,000 jobs through construction, and more than 1,000 jobs during operations.  Those jobs average $60,000 and $80,000 respectively.

The revenue during construction is also attractive to the county and the state.  Idaho will see an increase of $5.3 billion to its GDP and $4.8 billion of that money will flow directly through Payette County.

About Alternate Energy Holdings, Inc. (http://www.alternateenergyholdings.com/) — Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral, which removes energy demands from homes and businesses (http://www.energyneutralinc.com/), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power. AEHI Korea, Seoul, is assisting KEPCO (Korea Electric Power Corporation) to export their APR 1400 reactor into the US and achieve NRC design certification.

“Safe Harbor” Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate. As a result, investors should not place undue reliance on these forward-looking statements.

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AEHI optimistic about upcoming decisions in Payette & Elmore Counties April 13, 2010

Posted by cleanidahoenergy in AEHI, approval process, Colorado, Elmore County, Payette County, rural nuclear.
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PAYETTE, IDAHO: April 12, 2010, Alternate Energy Holdings, Inc. (OTCBB: AEHI) — Payette County Commissioners today delayed a decision on a comprehensive plan change until April 26th. The two weeks will give them enough time to discuss a few other potential changes that deal with bringing any kind of power producer into the county.

“This is good news for AEHI. While we would have hoped for a decision in our favor today, all the proposed improvements to the comprehensive plan involve changes that work very well for a nuclear power plant,” said Don Gillispie, AEHI CEO.

An overwhelming majority of Payette County residents have told commissioners in public hearings they want the plant, and more specifically the jobs and revenue a nuclear power plant will provide. Last year AEHI applied for a rezone of property near Hammett in Elmore County and was even permitted a series of public hearings on the application, but county commissioners never made a decision.

“They are now back to the table. While Elmore County Commissioners backtracked a little bit, they have accomplished a lot in very short amount of time. The Planning and Zoning Commission is about to move forward on a change to their comprehensive plan and once they do the county commissioners could approve it and immediately approve our rezone application since it’s already been through the public hearing process. I never thought I’d see Elmore County back in the game, but at this point they could surpass Payette County in the approval process by the end of the month,” said Gillispie.

The process has been of tremendous interest to the people of Idaho since the proposed plant is expected to increase the state’s GDP by $5 billion during construction, with $4.8 billion flowing directly through the county. Job numbers are equally impressive, as employment should jump by about 5,000 during construction and more than 1,000 during operation, with pay levels averaging $60,000 and $80,000 respectively.

About Alternate Energy Holdings, Inc. (http://www.alternateenergyholdings.com/) — Alternate Energy Holdings develops and markets innovative clean energy sources. The c ompany is the nation’s only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral™, which removes energy demands from homes and businesses (http://www.energyneutralinc.com/), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power. AEHI Korea, Seoul, is assisting KEPCO (Korea Electric Power Corporation) to export their APR 1400 reactor into the US and achieve NRC design certification.

“Safe Harbor” Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate. As a result, investors should not place undue reliance on these forward-looking statements. ###

Another vote of support in Elmore County April 1, 2010

Posted by cleanidahoenergy in AEHI, approval process, economic benefits, Elmore County, environmentalists, nuclear jobs.
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Elmore County P&Z votes to change comprehensive plan
AEHI plan to build nuclear power plant continues to move forward Mountain Home, Idaho

Alternate Energy Holdings, Inc. (AEHI:OB) – During a hearing Wednesday night, Elmore County Planning and Zoning Commissioners decided to recommend a change to the wording of the county’s comprehensive plan. The current plan requires industrial development to locate along Simco Road, which was a sticking point for a plan by Alternate Energy Holdings to build a nuclear power plant in another part of the county.

“This latest decision keeps the door open for a possible nuclear power plant in Elmore County and I believe it reflects the commissioners continued desire to keep our project in play. While AEHI’s Payette County site is currently the lead location in Idaho, we also welcome the news that Elmore County is taking such steps to increase the possibility for more economic development,” said Don Gillispie, AEHI CEO.

During the meeting a nuclear power opponent requested the commissioners change the wording of the comprehensive plan in a way that would close the door to a nuclear power plant, which the commissioners refused.

The planned changes include expanding light industrial into areas of city impact and expanding heavy industrial into areas that “will not be detrimental to neighboring and existing land uses”. Those changes will be signed April 21st, after which they will go before the Board of County Commissioners for final approval.

Nuclear power has been recognized as a vital method to increase econimic viability especially in rural communities like those proposed in Elmore and Payette counties. AEHI’s project is estimated to increase employment by more than 5,000 workers through construction, and more than 1,000 during operations. The commercial benefit during construction is even more impressive, increasing the state’s GDP by $5.8 billion, with $4.3 billion of that money filtering directly through the county.

About Alternate Energy Holdings, Inc.: (www.alternateenergyholdings.com) Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only publicly traded independent nuclear power plant developer willing to build power plants in non-nuclear states. Other projects include, Energy Neutral which removes energy demands from homes and businesses (www.energyneutralinc.com), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power. AEHI Korea, Seoul, is helping negotiate with KEPCO.

“Safe Harbor” Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate. As a result, investors should not place undue reliance on these forward-looking statements.

Hearing tonight on our Payette plans March 22, 2010

Posted by cleanidahoenergy in AEHI, approval process, economic benefits, nuclear industry, nuclear jobs, Payette County.
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Payette County Commissioners to review P&Z findings
Any changes to affect AEHI plan to build nuclear power plant

Payette, Idaho: Alternate Energy Holdings, Inc. (AEHI:OB) – Payette County Commissioners will meet tonight (Monday, March 22nd) to discuss a potential change to the county’s comprehensive plan. They are expected to review findings from the Planning & Zoning Commission, which if approved would set the stage for the building of a proposed nuclear power plant near New Plymouth, Idaho.

The hearing will take place 7:00 PM at the Payette County Courthouse, located at 1130 3rd Ave. N., Payette.

Previous hearings have seen overwhelming support for AEHI. In fact nearly 80 percent of those attending at the last hearing spoke of their desire to have a nuclear power plant built in their county.

The proposal brings with it a large number of jobs and economic benefits. In fact, a recent study shows the project would create more than 5,000 jobs through the construction phase, and 3,000 plus jobs through the operational stage. It would also include an annual commercial impact of $3.58 billion to Idaho’s economy, which is a nearly seven-percent increase to Idaho’s GDP over 2009. In Payette County, the commercial impact is estimated at $3.43 billion, which is unprecedented in that part of Idaho.

Should AEHI receive the approval on the comprehensive plan change, the company would immediately process an application to rezone 5,000 acres in Payette County near Big Willow Road and Stone Quarry Road.

About Alternate Energy Holdings, Inc.: (www.alternateenergyholdings.com) Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only publicly traded independent nuclear power plant developer willing to build power plants in non-nuclear states. Other projects include, Energy Neutral which removes energy demands from homes and businesses (www.energyneutralinc.com), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power. AEHI Korea, Seoul, is helping negotiate with KEPCO.

“Safe Harbor” Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate. As a result, investors should not place undue reliance on these forward-looking statements.

Come to Monday’s hearing February 19, 2010

Posted by cleanidahoenergy in AEHI, approval process, economic benefits, nuclear jobs, Payette County.
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Our efforts to build a reactor in Payette County are looking very promising, but we can take nothing for granted. I am asking you to please attend and speak at the Payette County Commission hearing on Monday, Feb. 22 at the Payette High School Auditorium. If you live in or around Payette County, your voice is especially valuable, but the commission will hear from anyone who would like to comment.

There has been well over 80 percent support at public meetings and Planning & Zoning Commissioners supported changing the county’s comprehensive plan by a 9 to 2 vote in our favor. I know it is difficult to get away for many people in the evenings but for these plans to succeed, we need to demonstrate committed support in the community. When people take the time to testify in person, that makes a big impression. For our own part, we have gone door-to-door talking to hundreds of residents and business owners and I have spent most of my last few weeks in front of service clubs, city councils, business groups. All these meetings were met with great success by large groups of supporters wanting to learn more about nuclear power.

You don’t need to worry about making a long speech; even just speaking your mind for 30 seconds will make a difference and really help us. Some topics you can cover include the thousands of jobs we will create as we build our plant; the economic benefits that will come to existing businesses; the opportunities for people who live in Payette County to find more well-paying jobs that cannot be sent overseas; and the importance of having a large supply of low-cost power. Nuclear plants need all kinds of people to work there, from landscapers and food service to mechanics, plumbers, electricians, office workers, engineers and attorneys. We are committed to hiring locally and the jobs pay an average of $80,000 a year. Payette County would have plenty of tax revenue for schools, police, fire and other services.

But, none of this is possible without your support, so if you can, please attend the hearing and sign up to speak. We would love to see all those seats filled with  supporters. If you are on Facebook you can also become a fan and write on our wall, http://facebook.com/AEHIpower and we have over 350 fans. If you are on Twitter you can follow us at http://twitter.com/aehi. Our Web site is www.aehipower.com and you can learn more about our proposal, location, see an informational video, etc.

Please tell your friends and coworkers and I look forward to seeing you at the meeting.

Payette County Commissioners need to hear from you February 2, 2010

Posted by cleanidahoenergy in AEHI, approval process, Payette County.
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Dear friends of AEHI,

Thank you so much for your support in our attempt to build a nuclear power plant in Payette County.  This is a long process and one in which we need you continuing help.

As you may know Payette County Planning and Zoning recently requested a change to the county’s comprehensive plan, which directly affects our efforts.  That change is now headed to the county commissioners for approval.

The meeting is scheduled Monday February 22nd at 7:00 PM at Payette High School and will be a public hearing.  The address to the school is 1500 6th Avenue South.

Please show your support again by attending the meeting, and by offering your public testimony in person.  Our opponents will definitely be in attendance, so all the support we can muster will be greatly appreciated.

However, if you are unable to attend, you may send written testimony to commissioners. The deadline for emailed testimony is Monday, Feb. 15. You may send the testimony to either lroyston@payettecounty.org or imachuca@payettecounty.org.

The proposed nuclear power plant will bring with it thousands of jobs, increase pay rates for the surrounding work force, improve business for hundreds of local companies, while proving a financially success venture for local investors.

But, none of this is possible without your support, so if you can, please attend the hearing and sign-up to speak, we would love to see all those seats filled with supporters.

Please forward this email to any other AEHI supporters who may also want to get involved.

AEHI’s second Idaho nuclear site gets boost from Elmore County P&Z January 25, 2010

Posted by cleanidahoenergy in AEHI, approval process, Elmore County.
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Eagle, Idaho, January 25, 2010 – Alternate Energy Holdings, Inc. (OTCBB: AEHI.OB): Elmore County Planning and Zoning Commissioners agreed to change the county’s comprehensive plan supporting AEHI’s proposed nuclear plant.

Commissioners agreed with AEHI and said other parts of the county should be available for heavy industrial development, which will help clear the way for a nuclear power plant near Hammett, Idaho.

According to the Mountain Home News, one of the new P&Z commissioners noted this process has taken far too long, nearly 24 months, about 75 percent longer than other Idaho counties.  It’s the same reason AEHI began looking at other counties several months ago.

Since then the company cleared a similar hurdle January 14th, when Payette County P&Z Commissioners voted to change their comprehensive plan in favor of a nuclear power plant.

“The process now comes down to the question of timely site approval as our stockholders and financial institutions are anxious to break ground on the Idaho project.  We’ve seen a huge outpouring of support from people living in both areas and believe these recent decisions confirm that support,” said AEHI Chairman and CEO Don Gillispie.

About Alternate Energy Holdings, Inc. (www.alternateenergyholdings.com) Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only publicly traded independent nuclear power plant developer willing to build power plants in non-nuclear states. Other projects include, Energy Neutral which removes energy demands from homes and businesses (www.energyneutralinc.com), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power. AEHI Korea, Seoul, is helping negotiate with KEPCO and seek large investors for its projects.

“Safe Harbor” Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate. As a result, investors should not place undue reliance on these forward-looking statements.

Dan Hamilton
Director of Public Relations Alternate Energy Holding Inc. (AEHI)
911 E Winding Creek Drive, Suite 150
Eagle, ID 83616
work: 208-939-9311
cell: 208-914-8894
fax: 208-939-9260
email: dan@aehipower.com

Investment contacts:
invest@aehipower.com

208-939-9311

AEHI’s second Idaho nuclear site gets boost from Elmore County P&Z

Eagle, Idaho, January 25, 2010 – Alternate Energy Holdings, Inc. (OTCBB: AEHI.OB): Elmore County Planning and Zoning Commissioners agreed to change the county’s comprehensive plan supporting AEHI’s proposed nuclear plant.

Commissioners agreed with AEHI and said other parts of the county should be available for heavy industrial development, which will help clear the way for a nuclear power plant near Hammett, Idaho.

According to the Mountain Home News, one of the new P&Z commissioners noted this process has taken far too long, nearly 24 months, about 75 percent longer than other Idaho counties.  It’s the same reason AEHI began looking at other counties several months ago.

Since then the company cleared a similar hurdle January 14th, when Payette County P&Z Commissioners voted to change their comprehensive plan in favor of a nuclear power plant.

“The process now comes down to the question of timely site approval as our stockholders and financial institutions are anxious to break ground on the Idaho project.  We’ve seen a huge outpouring of support from people living in both areas and believe these recent decisions confirm that support,” said AEHI Chairman and CEO Don Gillispie.

About Alternate Energy Holdings, Inc. (www.alternateenergyholdings.com) Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only publicly traded independent nuclear power plant developer willing to build power plants in non-nuclear states. Other projects include, Energy Neutral which removes energy demands from homes and businesses (www.energyneutralinc.com), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power. AEHI Korea, Seoul, is helping negotiate with KEPCO and seek large investors for its projects.

“Safe Harbor” Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate. As a result, investors should not place undue reliance on these forward-looking statements.

The hearing went well December 1, 2009

Posted by cleanidahoenergy in AEHI, approval process, Idaho Statesman, Payette County.
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The Nov. 19 meeting before the Payette Planning and Zoning Commission was very successful. Obviously, our proposal to build a nuclear plant there has created considerable interest and around 300 people packed the high school auditorium.

I am pleased to report that supportive testimony outnumbered opponents by 2 to 1. If you subtract out-of-county people with a strong anti-nuclear agenda, testimony was 3 to 1 in favor. People who spoke in favor included current and former county residents concerned about the lack of jobs and opportunity in the county. The 12-member commission was clearly attentive and asked probing follow-up questions.

One of the more interesting people to testify was Joe Weatherby, an Owyhee County resident who spoke in opposition. Mr. Weatherby described himself in his testimony as a former Owyhee Planning and Zoning Commissioner, but didn’t mention that he resigned from his post in March 2008. People in decision-making positions hold an important public trust and, in the interests of good public policy, should not express opinions outside of the process about an applicant or application before them. So we were shocked to read opinions by Weatherby, published in the Feb. 1, 2008 Idaho Press Tribune, Feb. 6, 2008 Owyhee Avalanche and Feb. 14, 2008, Idaho Statesman, in which he expressed strong opinions about our proposed power plant, then in-process in Owyhee County. Public statements like this from any sitting official, we believe, run counter to the public interest and we are thankful Weatherby no longer holds his position of authority on the Owyhee Planning and Zoning Commission.

Strangely, Owyhee Avalanche editor Jon Brown and other media expressed bafflement at Mr. Weatherby’s resignation, which suggests how poorly that newspaper understands the crucial need for public officials to not discuss pending applications. Also, it probably didn’t help that Weatherby posted his draft energy plan to the Owyhee County official Web site in the spring of 2007, even though Owyhee County didn’t approve it until December 2007.

The Payette Planning and Zoning Commission asked the tough questions of both supporters and opponents. They have conducted themselves professionally and we await their decision.

Local approval of nuclear plant rezone could lead to as many as 100 short-term jobs this coming spring, according to company November 23, 2009

Posted by cleanidahoenergy in AEHI, approval process, errata, nuclear industry, nuclear jobs, Payette County, rural nuclear.
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[The first version of this news release erroneously stated the county where people may send supportive testimony for the Payette County nuclear plant; this error has been corrected in the version below]

Local approval of nuclear plant rezone could lead to as many as 100 short-term jobs this coming spring, according to company
Testimony ran 2-to1 in favor of plant at last week’s public hearing

Nov. 23, 2009

For more information:

Don Gillispie, 209-939-9311

http://aehipower.com

http://facebook.com/aehipower

http://twitter.com/aehi

Testimony for a proposed nuclear plant at a hearing last week was 2 to 1 in favor and the company says it may start hiring a few dozen people locally as early as next spring, assuming the county rezones the land.

“Discounting the usual anti-nuclear group speakers from around the state – who have no vested interest in Payette’s land use – the ratio was closer to 3 to 1 in favor,” said Don Gillispie, CEO of Alternate Energy Holdings Inc.

Gillispie said preliminary site assessment will create an immediate need for drillers, surveyors, earth movers, contractors, laborers and other well-paying jobs.

“Our proposed power plant will put thousands of people to work when construction hits full stride, but preliminary site assessment this spring may start employing workers in the short-term,” Gillispie said. “According to economic projections, the project will create 4,000 to 5,000 jobs during the construction phase, which could start as soon as 2013.”

However, a limited amount of work will need to take place this spring for site study. For example, a meteorological tower and some simple outbuildings will need to be constructed and some grading done. Well drillers will be hired to take core samples and surveyors to stake out preliminary locations. Basic electrical service will also be brought to the site, requiring electricians.

All of this work will be in preparation for an application to the Nuclear Regulatory Commission. Gillispie hopes to make an initial NRC application in the spring of 2011 (the company must collect a least a year’s worth of meteorological data).

Gillispie said these jobs heavily depend on local approval of the comprehensive plan amendment and rezoning of the land, as these will unlock additional investment. He encouraged people to send resumes and letters of interest to info@aehipower.com and to send supportive testimony to Payette County at lroyston@payettecounty.org pr imachuca@payettecounty.org prior to the Dec. 10 deadline. AEHI also expects to have an informational video up on its Web site www.aehipower.com by Tuesday.

“We have lots of investors, including large institutional investors, who are watching the approval process closely,” Gillispie said. “Naturally, they are seeing if we can at least make it over the first hurdle before they consider loaning money for site prep work.”

AEHI considered building a plant in Owyhee County in 2007 and early 2008, until discovery of a geological fault stopped the project. With no other suitable sites in Owyhee County, the company turned its efforts to Elmore County, where the rezone request has been delayed for over a year with no vote on the application. Nevertheless, the company has spent a total of $10 million in these two counties to date – and most of the money was spent in Idaho, creating the equivalent of approximately 200 jobs.

“The closer companies and contractors are to Payette County, the more employment priority we will give them, and those located in the county will get highest priority of all,” Gillispie said. “We will also be going through a stack of hundreds of resumes we have collected from people at a jobs booth in April, and resumes and letters of interest people have sent us over the years.”

AEHI has filed to amend the Payette County comprehensive plan and rezone some 500 acres of a 5,100 acre parcel; the remaining 4,600 acres will remain ag and serve as a buffer.

At a hearing last week before the county planning and zoning commission, about two dozen Payette County and Idaho residents said the plant is needed to bring safe, secure employment and clean industry to the county. The P and Z commission will discuss the issue on Thursday, Dec. 10 and are expected to make a recommendation to the Payette County Commission on that date.

The county commission will hold another hearing and vote on the rezone, possibly by year’s end. Rezone approval will then allow pre-COLA (Nuclear Regulatory Commission Application) preparations to begin in the first quarter of 2010.

“As current national polls show 75 percent of Americans support new nuclear power plants, communities are openly inviting nuclear developers to consider their location as a potential site,” Gillispie said. “It is certainly refreshing to see this change, but not surprising considering the extensive benefits of these plants. It is apparent our new Idaho county is up to the competitive challenge in processing our application in a timely fashion.”

The nuclear industry is already putting people to work. According to the Nuclear Energy Institute, “nuclear energy is one of the few bright spots in the US economy – expanding rather than contracting.” An NEI report says the prospect of new plant construction in has already stimulated considerable investment and job creation among companies that supply the nuclear industry:  “Over the last several years, the nuclear industry has invested over $4 billion in new nuclear plant development and plans to invest approximately $8 billion in the next several years to be in a position to start construction in 2011-2012.” In the course of this, NEI said, “private investment in new nuclear power plants has created an estimated 14,000-15,000 jobs.” The number of new jobs “will expand dramatically after 2011 when the first wave of these new nuclear projects starts construction.”

About Alternate Energy Holdings, Inc. (www.alternateenergyholdings.com)

Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only publicly traded independent nuclear power plant developer willing to build power plants in non-nuclear states. Other projects include, Energy Neutral which removes energy demands from homes and businesses (www.energyneutralinc.com), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. Also, AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.

“Safe Harbor” Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.

 

November 17, 2009

Posted by cleanidahoenergy in AEHI, approval process, Payette County.
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Press Release

9:15 AM EDT

AEHI Optimistic about Hearing this Week for New Idaho Nuclear Plant Site

Boise, Idaho, November 17, 2009 – Alternate Energy Holdings, Inc. (OTC: AEHI.PK): AEHI’s Comprehensive Plan amendment application hearing in Payette County, Idaho for the development of a nuclear power plant is currently scheduled for November 19. If this step is successful, the company will have one more hearing for the rezone of the property currently anticipated before year’s end. Rezone approval will then allow pre-COLA (Nuclear Regulatory Commission application) preparations to begin in the first quarter of 2010.

Don Gillispie, AEHI Chairman and CEO said, “As current national polls show 75% of Americans support new nuclear power plants, communities are openly inviting nuclear developers to consider their location as a potential site. It is certainly refreshing to see this change, but not surprising considering the extensive benefits of these plants. It is apparent our new Idaho county is up to the competitive challenge in processing our application in a timely fashion.”

“Many large investors and financial organizations have been watching our progress and have clearly indicated local approval will be key to their involvement,” said Gillispie.

In addition, our Elmore County rezone application is still in process and also is being reviewed this week by the Planning and Zoning Committee.

About Alternate Energy Holdings, Inc. (www.alternateenergyholdings.com)

Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only publicly traded independent nuclear power plant developer willing to build power plants in non-nuclear states. Other projects include, Energy Neutral which removes energy demands from homes and businesses (www.energyneutralinc.com), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. Also, AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.

“Safe Harbor” Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.

US Investor Relations:

208-939-9311

invest@aehipower.com

Don Gillispie

Chairman and CEO

Alternate Energy Holdings, Inc

911 E. Winding Creek Drive

Suite 150

Eagle, ID 83616

208-939-9311

208-939-9260 (fax)

www.alternateenergyholdings.com

This communication may contain information that is PROPRIETARY or PRIVILEGED, and CONFIDENTIAL, and may not be used or disclosed without the consent of AEHI.