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AEHI Confirms Temporary Suspension of Trading December 15, 2010

Posted by cleanidahoenergy in AEHI, SEC, stock market.
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Below is our news release about the temporary suspension of trading. As an aside we would like to point out our funding commitment with Roswell Capital Partners is still valid. Roswell has now waived the section of the contract that indicates we can’t have a series of consecutive days in which we are not actively trading.

BOISE, Idaho, December 15, 2010 – Alternate Energy Holdings, Inc. (OTCQB:AEHI; http://www.aehipower.com) today announced that the U.S. Securities and Exchange Commission (“SEC”), on December 14, 2010, issued an order to temporarily suspend trading of the company’s common stock because of questions that have been raised about the accuracy of certain publicly disseminated information regarding the company. The suspension was effective at 9:30 a.m. EST on December 14, 2010, and terminates at 11:59 p.m. EST on December 28, 2010.

“The SEC has notified AEHI that the inquiry should not be construed as an indication by the SEC that any violations of law have occurred. We plan to fully cooperate with the SEC and to address the concerns that they have raised,” said Don Gillispie, AEHI CEO.

The SEC has not notified AEHI whether the temporary suspension was prompted by the submission of any specific complaints. However, local anti-nuclear groups and certain vocal opponents of AEHI have taken responsibility for this action in press releases, online forums and financial blogs.

AEHI will now work closely with the SEC to resolve any questions the agency may have in an effort to remove the temporary suspension as soon as possible. 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(TM), which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), 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. Safe Harbor Statement:This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events, including our ability to list on a national securities exchange. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: our significant operating losses; our limited operating history; uncertainty of capital resources; the speculative nature of our business; our ability to successfully implement new strategies; present and possible future governmental regulations; operating hazards; competition; the loss of key personnel; any of the factors in the “Risk Factors” section of our Annual Report on Form 10-K for the most recently completed fiscal year; and any statements of assumptions underlying any of the foregoing. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law.

AEHI CEO Don Gillispie To The Federal Government: Please Correct Approval Process And Loan Guarantees For Nuclear Plants In 2011 December 14, 2010

Posted by cleanidahoenergy in AEHI, approval process, nuclear industry.
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BOISE, Idaho, December 13, 2010 – “Nuclear power holds enormous promise for meeting America’s need for clean, reliable, low-cost electricity, but the promise will only be realized if the U.S. government addresses its energy policy,” says Don Gillispie, CEO of Alternate Energy Holdings, Inc (OTCQB:AEHI; http://www.aehipower.com), a Eagle, ID-based company that plans to build new nuclear power plants and markets nuclear desalination systems. “We need a real energy plan,” he says.

“The right energy policy would streamline the approval process for new nuclear plants and greatly expand the U.S. government’s program to guarantee loans to stimulate domestic financing of those plants,” Gillispie argues. “It wouldn’t even cost taxpayers any money. With loan guarantees, the federal government is only required to pay if nuclear plant developers default on their loans and the chances of that are slim considering the money these plants can generate. The Energy Policy Act of 2005 was created to encourage clean energy developers with loan guarantees, among other things, but now we are greatly limiting them for nuclear power and even charging prohibitive upfront fees to qualify — hardly an incentive.”

According to Gillispie policy changes are urgently needed. The numbers tell a stark and worrisome story. The U.S. has 104 nuclear reactors, which make 20% of the nation’s electricity. Within about 25 years many of those plants will have reached the end of their lives, and will have to be replaced. Meanwhile, approximately 600 coal plants would cost too much to upgrade to meet new pollution rules, so they will be taken out of service; some are already in the process. In order to continue meeting the nation’s current baseload electricity demand, the country will need 300 or more new nuclear plants within 30 years or so. “We’d have to be on a path of 10-15 new nuclear plants a year when you include load growth starting now,” Gillispie says.

However, the country hasn’t even taken a small step on that path. While U.S. companies proposed building about 30 new nuclear plants over the next 10 years or so, most of the proposals are currently stalled. Plants that are on track to be built include two units at the existing Vogtle site in Georgia owned by Southern Company and two units AEHI plans to build in Payette County, Idaho.  The AEHI plant will fall behind Vogtle due to the lengthy approval process involved with building on a previously undeveloped site, also known as a greenfield site. Even if the stalled proposals get moving, they won’t be nearly enough. “AEHI is planning for the potential to install an additional four units in the future while everyone else is talking about one or two,” says Gillispie. “At this rate, we’ll never be able to meet the country’s need for baseload electricity.”

What would greatly help speed up the development of nuclear plants? Probably, the most important step would be for the Nuclear Regulatory Commission (NRC) to approve designs and new sites more expeditiously, Gillispie says. “NRC officials are telling people it takes 54 months to approve an existing, but enhanced U.S. design that’s already shown to be reliable and safe and potentially even longer to approve a new greenfield nuclear site. Any industrial development, including mining and heavy manufacturing, are nearly impossible to get approved today. It is apparent our children will live at a lower standard if we do not wake-up and give business leaders some say in this country’s future, instead of catering to those who oppose everything in the name of the environment to a fault.

Life has risk, but there are even greater risks without proven technologies being used effectively.  Western nuclear power has been proven safer than all other energy sources to date, yet getting plants built remains far too time consuming.” Nuclear plant approval delays mean that potential investors are instead putting their money in alternatives like wind, which can be approved and built in as little as a year—but can only supply a fraction of the country’s demand for power with high cost, poor reliability and large federal subsidies, not to mention it cannot provide needed baseload power to our electric grid.

That’s why Gillispie is encouraging his representatives in Congress to push the NRC to move faster or to pass legislation to streamline the approval process.

The second step would be to provide more loan guarantees for nuclear plants without excessive fees. Such guarantees enable companies to line up financing for new plants at an affordable cost. “There’s almost no risk to the government,” says Gillispie, “because nuclear plant developers will not default on those loans.”

The NRC must move expeditiously in order to fulfill the requests for more nuclear power now seen at a local level.  AEHI’s own experience shows public opinion for nuclear is at an all-time high. At a key December 2nd county planning and zoning meeting, an overwhelming majority of the participants were in favor of zoning changes to permit the construction of AEHI’s proposed plant.  On December 9th, those same county officials approved a recommendation to rezone 500 acres in rural Idaho, which has been designated as the future site for AEHI’s proposed nuclear power plant.  “If the government will help us move faster, the nuclear industry will be able to deliver the critical power that America needs,” says Gillispie.
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(TM), which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), 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.
Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events, including our ability to list on a national securities exchange. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: our significant operating losses; our limited operating history; uncertainty of capital resources; the speculative nature of our business; our ability to successfully implement new strategies; present and possible future governmental regulations; operating hazards; competition; the loss of key personnel; any of the factors in the “Risk Factors” section of our Annual Report on Form 10-K for the most recently completed fiscal year; and any statements of assumptions underlying any of the foregoing. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law.

Joe Lucid fraud testimony uncovered December 13, 2010

Posted by cleanidahoenergy in AEHI, approval process, Joe Lucid fraud, Payette County.
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One of our consultants, Martin Johncox, has been assisting us since March of 2007 and recently testified in-person to the Payette County Commission about our plans to build a nuclear power plant there. Johncox’s testimony shows just how far some of our opponents, such as “Joe Lucid” (not his real name) will go to disparage our company with false information – up to and including perjury. Thankfully, Payette County officials have rejected Lucid’s testimony. Johncox’s blog post is available here or you can read it below as well:

Supporting progress and exposing a liar

From http://alexanderandassociates.com/2010/12/09/supporting-progress-and-exposing-a-liar/

On Dec. 2, I provided testimony to the Payette County Planning and Zoning Commission regarding the application by Alternate Energy Holdings Inc. to develop a nuclear reactor. As many of you know, I have been with AEHI since March 2007 doing public relations, news media consulting, social media and community organizing. Thanks to the efforts of Alexander and Associates and others involved in AEHI, written and verbal testimony was 2-to-1 in favor of the nuclear plant last week.

Below is the transcript of my comments to the Planning and Zoning Commission.

“Good evening everybody. How do you do? Thanks for giving me this opportunity. My name is Martin Johncox, 4948 Kootenai Street in Boise. You may recall, right about this time a year ago, I was sitting in front of you telling you about my experiences doing community organizing for AEHI here, talking to people and their concerns. I can tell you I’ve been doing that again for the past few weeks and the economic conditions out there are just as bad.

“Something I would like to talk to you about this time that’s happened in the past year. There’s a practice called shorting stocks and there are a number of investors that are doing this with our stock. Basically involves betting that the price of a company’s stock will go down and these people are actively trying to drive our stock price down. Now, our stock price is not really your concern but I think you need to keep that in mind as you look at some of the testimony you’ve received. In particular, I’ve had some interactions with a fellow named Joe Lucid and I think that is not his real name. I believe he has submitted testimony to you. I suggest you consider whether or not he is using his real name and how that might affect things.

“I’ve been with this company almost four years. That’s longer than anyone in the room except the CEO. I’ve been in Elmore County, Owyhee County, Payette County. I’ve talked to thousands of people. Probably walked at least a hundred miles. Been to more meetings than I can count. Dealt with the news media, done a gazillion other things. The CEO has put a lot of his own fortune into this company trying to get it going. I got to tell you, if people say that we’re trying to pull some sort of a ruse or that we’re trying to scam people I really think there ought to be a way to do it that’s easier and faster and costs less money and is a lot less stressful, if you’re going to do this kind of thing. I think our persistence over the past four years has shown that we mean what we say.

“There’s a saying by a fellow called Confucius, the man who says something cannot be done should not block the path of the man trying to do it. And that’s kind of what I see here this evening in some of these people. If we don’t get the water, we won’t build it. If we don’t get the power lines, we won’t build it. If we don’t get the financing, we won’t build it. If we don’t get 1,001 other things that we need to do this, then we won’t build it. And these people are hoping and praying that we fail on as many of those things as possible. We are here to ask you for a fair chance and a fair shot at this and we’ll have to fight our battles as they come.

“But, I think, that’s the only thing that I want to leave you with, that we’re just looking for a fair shot and a fair chance at this and that’s all I have to say.”

Question from a planning and zoning commissioner: “I’ve got a question for you. In the testimony tonight, people were upset that you won’t name the vendor of the reactor generator. It seems pretty obvious to me, if you said we’re going to buy a General Electric generator and it was all planned for, they’d know they got the only ones and the price would be real high on it. Is my thinking correct or why don’t you say who the vendor is for it?”

Me: “Well, that’s something you probably have to ask the CEO. There are a number of different reactor designs out there and this is an area of technology that is evolving and changing. I do have a feeling, however, that if we did announce the reactor type, our opponents would say “Oh, they’re being way too premature about this. Look, they’ve already picked out the reactor type and they think they’re going to stroll into Payette County and plop one of these down. And they haven’t done enough groundwork in order to pick their reactor type.” Well, we’re trying to do that groundwork right now. It’s kind of a — my feeling is that we’re damned if we do and damned if we don’t. We’re going to get criticized either way. Just up to you to evaluate us on what you see, and hear and know.”

I’m told Payette County has rejected Joe Lucid’s testimony because he’s not using his real name. That is very gratifying, as Lucid is a particularly toxic individual who has persistently spread lies about AEHI, even harassing individual investors whose emails he harvested from public testimony. Lucid wants people to view him as a crusader, but it is clear to me his only motive is to enrich himself through stock shorting, a controversial practice to profit from a falling stock price. Worst of all, Lucid doesn’t use his real name on message boards or blogs, instead relying on his pseudonym or promising he will “soon submit a bio.” Apparently on or about Nov. 26, Yahoo! banned Lucid’s original profile of joe.lucid, so he has reconstituted as lucidlucid@ymail.com (this one). It wouldn’t surprise me if he had more.

False names are fine if you’re lurking on the Internet. In the public policy arena, however, providing testimony under a false name isn’t just cowardly. It’s also perjury.

YESSSSS! AEHI Receives Final P & Z Approval for Proposed Idaho Nuclear Power Plant December 10, 2010

Posted by cleanidahoenergy in approval process, Payette County.
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Nationally Significant as First Proposed U.S. Green Field Site in 33 Years

BOISE, Idaho – December 10, 2010: Alternate Energy Holdings, Inc. (OTCQB:AEHI; http://www.aehipower.com) today announced it has received recommended rezone approval on a site to build a nuclear power plant in Payette County, Idaho.  The decision by Payette County Planning and Zoning Commissioners is nationally significant as being the first decision of its kind regarding a green field nuclear site in 33 years.
A green field site is one that has not been previously developed or approved for a nuclear power plant.
“The Planning and Zoning Commission followed through on a monumental decision.  This approval allows us to take the next step, which involves potential final rezone approval with the Payette County Board of Commissioners as early as January 2011,” said Don Gillispie.
The company now anticipates it will begin collecting environmental data in the first quarter 2011 in preparation for submitting a construction and operating application (COLA) to the Nuclear Regulatory Commission.
During the December 9th evening hearing many commissioners pointed to the benefits that a nuclear power plant could provide the community.  Some of those benefits previously discussed by AEHI include an estimation of up to 5,000 jobs during construction and over 2,000 direct and indirect jobs during operations.  Salaries for these jobs are estimated at $60,000 and $80,000 respectively, and billions in GDP to the state of Idaho.
The company represents the only known opportunity for a direct nuclear plant investment in the U.S. today.
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(TM), which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), 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.
Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events, including our ability to list on a national securities exchange. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: our significant operating losses; our limited operating history; uncertainty of capital resources; the speculative nature of our business; our ability to successfully implement new strategies; present and possible future governmental regulations; operating hazards; competition; the loss of key personnel; any of the factors in the “Risk Factors” section of our Annual Report on Form 10-K for the most recently completed fiscal year; and any statements of assumptions underlying any of the foregoing. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law.

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Great coverage in the Boise Weekly December 8, 2010

Posted by cleanidahoenergy in approval process, Payette County.
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The Boise Weekly has done a terrific story on last week’s hearing in Payette County. To their credit, they actually sent a reporter, and they and the Ontario Argus Observer were the only media represented at the meeting. Please take a moment to read this story, as it is an accurate representation of what happened at the meeting.The story is pasted below and we encourage you to visit their site.

Payette: The County of “Yes”

After hearing “no” or “maybe” in Elmore and Owyhee, AEHI gets favorable reaction in Payette

by George Prentice

The meeting of the Payette County Planning and Zoning commission began promptly at 7 p.m. on Dec. 2. And for the next five and a half hours, a long night’s journey into day was filled with overwhelming testimony in favor of a nuclear reactor for Payette. The evening also included an ex-reporter sharing a the story of why he turned away from journalism, and a P & Z commissioner telling a group of environmental activists that they had worn out their welcome.

The commission traditionally meets to consider items such as dog kennel expansions or building new beauty salons. But through much of 2010, the dozen commissioners have been faced with the history-making task of deciding whether to launch a new commercial nuclear age for Idaho.

Don Gillispie, CEO of Alternate Energy Holdings Inc., has so far gotten nothing but green lights from officials in each corner of Payette County in his attempt to build a $10 billion nuclear reactor on a parcel of rural land not far from New Plymouth. Gillispie has been all-smiles at each of the Payette meetings, formal and informal. After several years of hearing “no” or “a conditional maybe” from officials in Elmore and Owyhee counties, Gillispie brought the concept to Payette where–one by one–mayors of Fruitland, New Plymouth and Payette echoed their unconditional support.

Gillispie wants to build the reactor on 5,000 acres near Big Willow and Stone Quarry roads. Good luck, if you’re trying to find it. The location is the very definition of remote–a series of rolling foothills off a rugged gravel road. The land is about 20 miles, as the crow flies, from the Snake River. So it came as no surprise that Snake River Alliance, Idaho’s oldest and most visible anti-nuke activists, would lead a charge against AEHI’s proposal.

As the evening of Dec. 2 wore on at the public hearing and a half-dozen SRA representatives took to the microphone, P & Z commissioner Farrell Rawlings ripped into the group.

“Look here,” Rawlings lectured. “Our governor is in favor of this. Every mayor in our county is in favor of this. Our chamber of commerce is in favor of this. I’m offended that there’s not one positive thing that you and your group has contributed to this discussion.”

Rawlings and his 11 colleagues on the commission sat in the jury box at the courthouse for their final deliberation on swinging the doors open to Gillispie and his plans. P & Z is considering a rezone of the parcel of the land from agricultural to industrial. If approved, county commissioners will get a chance to sign off on the deal sometime in January.

Gillispie’s next step would be the onerous task of developing a license application. He said he expected more than 120 scientists, engineers and nuclear experts to craft the request, which would be subject to review from the Nuclear Regulatory Commission. The entire licensing process could take five to seven years. Tack on another three to four years for construction, and Payette could see a reactor as soon as 2020.

Gillispie’s official spokesman is Dan Hamilton, a familiar face to television viewers in the Treasure Valley. He’s a former anchor for KTRV Fox 12. It’s one thing for a spokesman to pump out press releases and manage the media, but it’s something else for a spokesman to offer testimony at a public hearing. The hearing on Dec. 2 was anything but ordinary.

“When I was with Fox 12, I reported on AEHI,” Hamilton testified. He told commissioners how he initially agreed with opponents.

“But it wasn’t long before I asked [AEHI] for a job,” said Hamilton.

When BW asked Hamilton about the unusual move to testify, he remained on-message.

“I testified from my own personal perspective. As I was reporting, it got to the point where I thought something was weird,” said Hamilton. He said he felt duped by opponents of the planned reactor.

“Pretty soon, a completely different story was coming out. That’s why I support AEHI, and that’s why I work for them.”

Public testimony ran 2-1 in favor of the nuclear proposal. By the time a Thursday evening spilled into a Friday morning, the commission closed all testimony. On Thursday, Dec. 9, P & Z commissioners will give AEHI more time to rebut opponents’ testimony. But they may not need it.

When Gillispie told commissioners, “This county will have more money than you’ll know what to do with,” many of the commissioners beamed.

Practically everyone who survived the marathon predicted that commissioners won’t take much more time to give Gillispie another green light.

 

CEOCFO interviews Alternate Energy Holdings CEO December 6, 2010

Posted by cleanidahoenergy in AEHI, CEOCFO, Don Gillispie.
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BOISE, Idaho, Dec. 6, 2010  — Alternate Energy Holdings, Inc. (OTCQB:AEHI)www.aehipower.com) announced today that CEOCFO, a print and online publication with top executive interviews and news on publicly traded and venture capital companies, recently interviewed Don Gillispie, AEHI President, CEO and Chairman. The interview is available at http://www.ceocfointerviews.com/interviews/AEHI-AlternateEnergy10.htm.

In the interview, Gillispie highlighted AEHI’s proposal to build an advanced nuclear power plant in Payette County, Idaho and to provide power locally and to a number of western states. Gillispie said that after securing local, state, and federal approval, the company expects to begin construction in late 2014 and operation in 2019. The project would be the first new, greenfield nuclear power plant developed in the U.S. since 1977, Gillispie said.

In addition, Gillispie said that AEHI’s wholly-owned subsidiary, Green World Water(TM), (http://www.greenworld-h2o.com/)  is marketing nuclear desalination reactors that produce electricity and potable water simultaneously.  GWW(TM) is primarily focusing on sales to developing countries, Gillispie said.

Gillispie has over 45 years of experience in construction, operations and maintenance of nuclear power plants. He is widely considered one of the more experienced senior executives still working full time to help the United States reemerge as the world’s leader in nuclear power.

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(TM), which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), 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.

About Green World Water™:  The Green World Water(TM) system is the only commercially viable nuclear desalination system with the capacity, affordability and necessary safety standards to bring large amounts of clean water and power to any environment
Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events, including our ability to list on a national securities exchange. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: our significant operating losses; our limited operating history; uncertainty of capital resources; the speculative nature of our business; our ability to successfully implement new strategies; present and possible future governmental regulations; operating hazards; competition; the loss of key personnel; any of the factors in the “Risk Factors” section of our Annual Report on Form 10-K for the most recently completed fiscal year; and any statements of assumptions underlying any of the foregoing. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law.

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AEHI Announces Overwhelming Written Support for Nuclear Site Rezone December 2, 2010

Posted by cleanidahoenergy in AEHI, Payette County.
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BOISE, Idaho, Dec. 2, 2010 (GLOBE NEWSWIRE) — Alternate Energy Holdings, Inc. (OTCBB:AEHI – News) http://www.aehipower.com) today announced the company has received an overwhelming percentage of written support for an advanced nuclear power plant in Payette County, Idaho. The count was made prior to the company’s initial rezone hearing, which is scheduled for this evening, December 2, 2010 at 7 p.m. MST at the Payette County Courthouse. The deadline for written testimony was November 26th. The letters show written support level of approximately 80% in favor of the proposed rezone of AEHI’s proposed nuclear site. Two letters came directly from mayors of nearby New Plymouth and Weiser, Idaho.

The percentage of support from these letters are very reminiscent of the previous round of hearings, which ended with County Commissioners voting unanimously in favor of a change to the county’s comprehensive plan for the site from agricultural to industrial specifically for a nuclear power plant.

The comprehensive plan change now allows for a formal rezone of the property including local approval to construct a nuclear plant on the site.

The company anticipates it will begin collecting environmental data in the first quarter 2011 in preparation for submitting a construction and operating application (COLA) to the Nuclear Regulatory Commission.

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(TM), which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), 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.

The Alternate Energy Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8058

Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events, including our ability to list on a national securities exchange. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: our significant operating losses; our limited operating history; uncertainty of capital resources; the speculative nature of our business; our ability to successfully implement new strategies; present and possible future governmental regulations; operating hazards; competition; the loss of key personnel; any of the factors in the “Risk Factors” section of our Annual Report on Form 10-K for the most recently completed fiscal year; and any statements of assumptions underlying any of the foregoing. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law.

Countdown To The AEHI Nuclear Power Plant Rezone Hearing: Tomorrow Night at 7:00 PM Mountain Time December 1, 2010

Posted by cleanidahoenergy in approval process, Payette County.
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The Payette County Planning & Zoning Commission will be hearing the application by AEHI on Thursday, December 2, 2010 at 7:00 PM Mountain Time, at the Payette County Courthouse. This is a very important hearing for the Idaho Energy Complex. Proponents of the project are strongly encouraged to attend and show their support.

AEHI CEO Don Gillispie Awarded Honorary Commander at Mountain Home Air Force Base November 29, 2010

Posted by cleanidahoenergy in Uncategorized.
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BOISE, Idaho, Nov 29, 2010 — Alternate Energy Holdings, Inc. (www.aehipower.com) today announced AEHI CEO Don Gillispie accepted the post as Honorary Director of Staff of the 366th Fighter Wing at Mountain Home Air Force Base, a position previously held by Idaho Attorney General Lawrence Wasden.

This is part of a two-year program, which honors a specific group of community leaders as Honorary Commanders.

Mr. Gillispie has become well known in the community for his continuing efforts to build a new nuclear power plant in Payette County, Idaho.

“This is a great honor for me as a businessman in the community and as a veteran. Taking part in supporting our military whether they be on land, sea, or air has always been one of my highest priorities,” said Gillispie.

The Honorary Commander program is designed to increase the understanding of the 366th Fighter Wing and Air Force missions by pairing community leaders with the wing’s leaders to forge new relationships.

During the two-year term Honorary Commanders participate in creative and unique events to learn the specifics of the wing mission. They learn how Gunfighters apply airpower to dominate the skies, maintain a multi-billion dollar aircraft fleet, provide top-notch healthcare for thousands of Airmen, their families and retirees, and how all the support functions on base tie together to make this daily way of life a reality.

About Don Gillispie — A 45-year veteran of the nuclear industry, Don Gillispie was involved in the construction and operation of a number of nuclear reactors and helped start the Institute of Nuclear Power Operations (INPO). His real interest in nuclear power began in the military. He completed the Navy Nuclear Power School, became a nuclear operator and served aboard the SSBN Francis Scott Key. He is now CEO of Alternate Energy Holdings, Inc. in Eagle, Idaho.

About Alternate Energy Holdings, Inc. (http://www.aehipower.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(TM), which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), 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.

Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events, including our ability to list on a national securities exchange. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: our significant operating losses; our limited operating history; uncertainty of capital resources; the speculative nature of our business; our ability to successfully implement new strategies; present and possible future governmental regulations; operating hazards; competition; the loss of key personnel; any of the factors in the “Risk Factors” section of our Annual Report on Form 10-K for the most recently completed fiscal year; and any statements of assumptions underlying any of the foregoing. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law.
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AEHI Requests Email Comments Prior to Rezone Hearing Time is Running Out to Show Support in Writing November 24, 2010

Posted by cleanidahoenergy in AEHI, economic benefits, nuclear jobs, Payette County.
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EAGLE, Idaho, November 23, 2010: Alternate Energy Holdings, Inc. (OTCQB:AEHI; http://www.aehipower.com) requests that supporters of the company’s plan to build a nuclear power plant in Idaho email written testimony to the Payette County Planning and Zoning Commission.

The deadline for all emailing testimony is the end of business on Friday, November 26th, 2010.

These will prove invaluable as commissioners willl use them and verbal testimony at the hearings to determine the future of the proposed nuclear power plant.
The process is simply, just send an email stating your name, where you live, and a brief statement of support for AEHI and the proposed project

Send the email to: lroyston@payettecounty.org, or imachuca@payettecounty.org.
If you can also attend the upcoming hearing, please do so and please testify.
The hearing is scheduled for December 2nd, 2010 at 7:00 p.m. at the Payette County Courthouse, which is located at 1130 3rd Ave. North, Payette, Idaho.

About Alternate Energy Holdings, Inc. (http://www.aehipower.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(TM), which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), 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.

Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events, including our ability to list on a national securities exchange. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: our significant operating losses; our limited operating history; uncertainty of capital resources; the speculative nature of our business; our ability to successfully implement new strategies; present and possible future governmental regulations; operating hazards; competition; the loss of key personnel; any of the factors in the “Risk Factors” section of our Annual Report on Form 10-K for the most recently completed fiscal year; and any statements of assumptions underlying any of the foregoing. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law.
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