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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. ###

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More news from Colorado March 2, 2010

Posted by cleanidahoenergy in AEHI, coal power, Colorado, President Obama.
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The Pueblo Chieftian recently published a story related to our plans for a nuclear plant in Payette, Idaho, as well as our response to Obama’s promise for more loan guarantees. It’s a good story and you can read it here.

A good editorial to share October 21, 2009

Posted by cleanidahoenergy in Colorado.
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I came across this editorial from the Pueblo Chieftian. It is worth a read. When so much of the media is anti-nuke and ill-informed, it is refreshing to read something from people who get it.

Colorado, land of progress September 28, 2009

Posted by cleanidahoenergy in AEHI, coal power, Colorado, economic benefits.
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Keeping our investors and the public updated is an important duty of ours. This news release is available on http://www.alternateenergyholdings.com as well

NEWS RELEASE
9:15 am ET
September 28, 2009

AEHI prepares to launch Colorado nuclear-solar power plant site

Boise, Idaho, September 28, 2009 – Alternate Energy Holdings, Inc. (OTC: AEHI.PK): AEHI executives visited Colorado last week to meet with a number of key county and state leaders to ascertain the support for a combination nuclear and solar power plant in Pueblo County. The trip also included a review of the property by a nuclear site expert to determine suitability.

Colorado currently does not have an operating nuclear plant but has a strong commitment to clean energy sources to address Climate Change using renewables, but base load power is primarily provided by coal plants. Therefore, the state is a prime candidate for nuclear to replace the aging coal plants to fully support their commitment to addressing Climate Change.

AEHI CEO, Don Gillispie, said, ” We were very encouraged by the supportive remarks from businessmen, labor leaders, politicians and members of the state’s administration. They clearly understand that nuclear plants not only create clean power necessary to help with environmental challenges, but low cost, reliable energy to stabilize the electric grid while creating thousands of high paying jobs.”

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 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), Idaho Energy Complex (nuclear and biofuels 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 develops joint ventures to produce nuclear plant components among other things for export.

“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

Promising signs from Korea September 23, 2009

Posted by cleanidahoenergy in AEHI, Colorado, Energy policy, Korean reactors, nuclear industry, reactor types.
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I am currently travelling in Colorado but I wanted to update followers on some initiatives we have going. Alternate Energy Holdings Inc. is nearing a deal to bring the first Korean advanced reactor to the US for the Idaho nuclear project. This is an excellent design based on Combustion Engineering and Westinghouse designs first developed in the US. Also, the Koreans are some of best reactor operators in the world. This reactor will allow AEHI to produce the lowest cost power of any proposed US power plant including combined cycle gas, wind, solar, geothermal and clean coal. It will also stimulate investment money from Korea into our Idaho nuclear project.  The MOU will be publicly announced in the near future.