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Back on the NRC schedule! March 30, 2010

Posted by cleanidahoenergy in AEHI, nuclear jobs, Nuclear Regulatory Commission.
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Nuclear Regulatory Commission recognizes AEHI project in Payette

Eagle, Idaho: Alternate Energy Holdings, Inc. (AEHI:OB) – The Nuclear Regulatory Commission has officially recongnized AEHI’s proposal to build a nuclear power plant in Payette County, Idaho.

“This is something we’ve been waiting for the NRC to do for quite sometime,” said Don Gillispie, CEO of AEHI, “Until now the agency has had our Idaho project site listed in Hammett, which has needed correcting for several months.”

AEHI’s listing with the NRC can be viewed on the agency’s list of “New Reactor Licensing Applications”, which can be found on the NRC website at http://www.nrc.gov/reactors/new-reactors/new-licensing-files/new-rx-licensing-app-legend.pdf.

The project remains a very highly anticipated proposition for people living in and around Payette County. According to a recent study, the project will introduce $5.3 billion dollars into the Idaho economy, through construction, $4.8 billion of that revenue will flow directly into Payette County.

Employment opportunities also remain a high point. An estimated 5,000 jobs will be created through the construction process, and more than a thousand positions will be made available through operations, with average pay hovering around $80,000 a year.

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.

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