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Coal pollution levels increase April 8, 2010

Posted by cleanidahoenergy in China, coal power, environmentalists.
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The Environmental Integrity Project recently stated that coal-fired plants are the largest source of mercury pollution in the U.S., generating more than 40 percent of US emissions. Also, the mercury output had recently increased at more than half of the country’s 50 largest power plants. Mercury is a highly toxic metal and settles in lakes and rivers, where it moves up the food chain.

Coal has become an important part of the country’s energy mix and we get half of our electricity from it. Coal increased substantially in the 1980s, as paranoia and biased media coverage contributed to negative public perceptions of nuclear. Meanwhile, the environmental community did little to oppose coal, figuring it wasn’t as bad a nuclear. As it turns out, a 1,000 megawatt (MW) coal-fired power plant produces approximately the same amount of global warming as 1.2 million cars, around all the cars in Idaho.

Lately, though, the truth has been sinking in. In 2004, for example, U.S. coal plants made up 8 percent of global greenhouse gas emissions and are a significant source of radiation, heavy metals and CO2.

Natural gas doesn’t produce the toxics, but it still pumps out half the CO2 of coal and costs considerably more. Carbon capture holds promise but is still in the early stages and its economics are unknown.

You would think that coal would be on the way out (and it may be in the US), but China and India are planning hundreds of new coal plants. Pollution aside, coal has the advantages of being abundant, reliable, cheap and relatively easy to convert to electricity, so it is easy to see why it is of such interest in developing countries.

We think every form of electricity has a role to play within its limits and potential, including coal, providing its toxic and carbon pollution can be effectively dealt with. For our part, we are pleased more political leaders, environmentalists and members of the public are realizing the advantages of clean, plentiful and reliable nuclear. The nuclear renaissance is definitely here thanks to a more balanced and rational approach.

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Progress in China December 15, 2009

Posted by cleanidahoenergy in Agriculture, China, Chinese nuclear energy, nuclear industry, Water policy.
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Press Release 11:40 AM EDT

AEHI begins development of a joint venture using a large nuclear reactor for desalination of sea water into potable water and electricity production

Beijing, China, December 15, 2009 – Alternate Energy Holdings, Inc. (OTC: AEHI.PK): AEHI China has recently signed an agreement to cooperate in the develop of a joint venture with the Nuclear Power Institute of China to design, manufacture and market world-wide a 1000 MWe  reactor with the ability to produce potable water from sea water or unsuitable fresh water and electricity. The new reactor-desalting unit will be very competively price in the world market. An AEHI holding, International Reactors Inc, hopes to be able to start accepting orders in 2010.

Don Gillispie, AEHI Chairman and CEO, said, “Two of mankind’s biggest challenges today are obtaining adequate fresh water and low cost, reliable, clean electricity. The world demand for fresh water will outstrip supply in about 15 years by 50% due to drought, population growth and industrial demand.  We believe this reactor-desalting unit can uniquely produce the much needed water and electricity to pump it far inland where needed without creating pollution from fossil fuels.”

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. As a result, investors should not place undue reliance on these forward-looking statements.

US Investor Relations:

208-939-9311

invest@aehipower.com

Letter to investors September 11, 2009

Posted by cleanidahoenergy in AEHI, China, Chinese nuclear energy, economic benefits, Elmore County, international, Investment news, nuclear industry.
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I sent a letter to investors recently. Keeping people informed about our company, its goals and status is an important to us.

September 9, 2009

Dear AEHI Stockholder,

First, let me thank you so much for your investment in AEHI. The company has several nuclear projects underway including our lead site in Idaho, as well as Colorado, a desalination reactor in Mexico and a Tar Sands reactor in Canada to remove trapped oil.

We also formed Energy Neutral, Inc last year to install wind, solar and geothermal heat pumps on homes and offices to eliminate energy bills. Currently, we plan to build our first energy free model home starting the first of October to demonstrate we can construct buildings with no power bills at essentially the same price as those with energy bills. This will help launch our first energy neutral subdivision. The Energy Neutral Trade Mark name is pending as well.

The Idaho reactor, Idaho Energy Complex, is in the process of seeking local approval and we expect it by year’s end. After the Elmore County site approval was delayed due to process problems, we began looking at other sites and now have three additional Idaho counties who are extremely interested in having our plant. A little competition is always healthy. In addition, we are reviewing state lands for potential sites. After two years of educating Idaho citizens along with support from the national media and key state leaders, we have no doubt that an approved site will happen in Idaho soon and we will be adding staff locally to accommodate. We have a funding commitment from Source Capital for the site.

In July, we opened an office in Beijing, China with some investors as AEHI China to facilitate joint ventures for nuclear components among other things and large institutional investors. With the support of the Chinese government nuclear officials, we have several companies who are interested in working with us. I now travel to China every couple of months to facilitate these deals. Also, we are in the process of negotiating on the price to bring the Korean advanced reactor, APR 1400, to the US. This reactor will be lower than the cost of the other reactors currently in the US market making us more than competitive with any new source of electricity in the country. As a backup, we have begun to talk with Mitsubishi Heavy Industries about their advanced reactor as well. Further, we have a large energy trust that is willing to loan us up to $5 billion for the plant construction phase.

Lastly, in lieu of going on the London Plus Exchange as mentioned in my last letter, we are starting the process for our first public stock offering (IPO) for later this year and a move to the American Stock Exchange. This will open the stock up to institutional and more international investors by the first quarter of 2010 allowing us to leave the penny stock category.

As you can see there is plenty of positive news in the making, we will publicly announce this information as it unfolds. If you would like some more AEHI stock or have qualified investor friends, the price is at its lowest from the company at 5 cents per share with no broker fee or volume limit like in the market. This offer will end October 31 when we file for our public offering. We doubt this price will ever be available again. Also, if you have an unrestricted investment 401K or any IRA you can transfer funds to AEHI stock as well.

Just send an e-mail to invest@aehipower.com or call 208-939-9311for more information and PPM, or you can just mail a check to AEHI if an existing investor. If you are an investor you can add to your holdings for as little as $1000 or any amount above that minimum. New investors need to review the PPM.

Again, thanks for your support as we try to help the country with jobs and clean, low cost energy that will also assist us with energy independence.

Best regards,

Don Gillispie

Progress internationally July 23, 2009

Posted by cleanidahoenergy in AEHI, China, Chinese nuclear energy, economic benefits.
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While our rezone application moves through the Elmore County process, we are pleased at our progress on the international front. Below is a story in Nuclear Street based on a recent news release we sent out.

AEHI’s CEO Meets Vice Minister of China’s NEA; Support Given For Strategic Nuclear Power Partnerships

Don Gillispie, during a recent trip to Beijing to open AEHI China’s new office in the Fortune Plaza, met with Sun Qin, Vice Minister of China’s National Energy Administration

– By Abby Gessner –
Alternate Energy Holdings Inc. (AEHI) CEO, Don Gillispie, during a recent trip to Beijing to open AEHI China’s new office in the Fortune Plaza, met with Sun Qin, Vice Minister of China’s National Energy Administration (China’s NEA equates to US Department of Energy). Mr. Sun openly supports AEHI joint ventures, strategic partnerships, and investments in the company’s projects as part of cooperation with the US-China agreement to work together on clean energy sources per US Secretary of Energy Steven Chu’s visit to China last week.

AEHI is working to get China producing internationally qualified products for use in nuclear plants to help lower the high cost of these components.

Don Gillispie said, “In addition we have been warmly received by nuclear component suppliers and operating companies such as China Shipbuilding Industry Company and Guangdong Nuclear Power Holding Company.”

The company has been given an MOU from Dalian Shipbuilding Industry Company, a division of China Shipbuilding, to work together to produce components such as nuclear containment liners, stainless steel piping, and desalination units.

Also, AEHI will work with Chinese companies to produce a new advanced nuclear reactor for international markets to improve competition and lower costs.

Gillispie told Nuclear street that “It was a great honor meeting with Sun Qin, Vice Minister of China’s National Energy Administration . He openly supports AEHI joint ventures, strategic partnerships, and investments in our project as part of cooperation with the US-China agreement to work together on clean energy sources per Secretary Energy Chu’s visit this week. We hope to get China producing ASME and N stamp products for use in nuclear plants to help lower the high cost of these products. We have been warmly received by suppliers and nuclear companies here as well. We will work with China to produce a generation 3 reactor for international markets to counteract the current high capital costs.”

aehichina01http://www.alternateenergyholdings.com Alternate Energy Holdings develops and markets innovative clean energy sources. Current projects include the Idaho Energy Complex (an advanced nuclear plant and bio-fuel generation facility), Energy Neutral which removes energy demands from homes and businesses (www.energyneutralinc.com), Colorado Energy Park (nuclear and solar generating plants) and International Reactors, Inc., which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications.

Our recent international trip December 2, 2008

Posted by cleanidahoenergy in AEHI, China, Chinese nuclear energy, Energy policy, international, nuclear industry, Politics and nuclear.
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Regardless of whether you’re a renewable, nuclear or coal developer, this is a tough time to get funding for a major project.

The Wall Street Journal reports that

“power companies across the U.S. are slashing capital budgets and canceling projects for clean electricity. Financing for new nuclear power plants appears shaky … Forging a new energy future by creating vast amounts of wind, solar and, possibly, nuclear energy is one of Mr. Obama’s highest priorities. But enacting that policy depends to a large degree on the ability of energy companies and utilities to finance the massive new investments that would be needed.”

Even energy developers that have utilities lined up to purchase power can’t get financing, according to the article.

We recently completed a three-week tour of China, Dubai and South Korea, to secure strategic partners for the company’s nuclear-renewable energy projects in Idaho, Colorado, Mexico and other pending international locations. Our initiative has taught us international investors understand the benefits of nuclear and the great profit potential for nuclear plants – more than $3 million a day in most cases, which will go higher if carbon trading becomes widespread. These investors know the U.S. has a fundamentally sound economy and has a great emand for stable, base-load electricity.

With the current financial situation in the U.S., we are fortunate to have an international reputation which allows us to obtain some funding outside of the U.S. AEHI’s internationally recognized senior nuclear executive team is highly regarded in the management of construction, operations and maintenance of commercial nuclear reactors.

There will always be investors on the lookout for power companies. We are optimistic that we have the necessary contacts internationally to find the required funds and/or strategic allies. For example, the company is considering opening an office in Beijing, China to facilitate several joint ventures.

To my left is Bo Song; father is founder of nuclear energy in China and one of the founders of the Communist Party (how far we have come!). Nan Shi, to my left, has relatives who tie to the last emperor of China.

To my right is Bo Song; his father is founder of nuclear energy in China and one of the founders of the Communist Party (how far we have come!). Nan Shi, to my left, has relatives who tie to the last emperor of China.