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Alternate Energy Holdings, Inc. CEO Makes Case for Nuclear Power August 31, 2010

Posted by cleanidahoenergy in nuclear industry.
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“America Produces 31% of Global Nuclear Power Generation,” Says Don Gillispie of AEHI

BOISE, Idaho, Aug 31, 2010 (GlobeNewswire via COMTEX) — The tragic Deepwater Horizon oil spill is yet another reminder of the toll Americans pay for their energy. Coal kills miners and pollutes streams and the air. Oil production can be dangerous, while Americans’ dependence on foreign petroleum sends billions of dollars a year to other countries. Similarly, natural gas production and hydraulic fracturing (“fracking”) have raised concern about contaminating local water supplies with toxic chemicals.

But there’s one energy source that’s safe, clean and homegrown, argues Don Gillispie, CEO of Eagle, Idaho-based Alternate Energy Holdings, Inc. (OTCQB:AEHI) (www.aehipower.com), the nation’s only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. That source: NUCLEAR POWER. “For more than three decades, nuclear power plants have produced about 20% of America’s electrical power safely, cost-effectively and securely, without incident,” Gillispie said.

Gillispie acknowledges there’s a perception that nuclear power plants are catastrophes waiting to happen. But that perception is not supported by the facts. “America’s nuclear energy industry has achieved a positive safety record with no deaths or injuries from radiation in its history, including the Three Mile Island incident,” he said. “Worker safety in nuclear plants stands heads and shoulders above any other U.S. industrial sector, as measured by lost-time accidents.”

The AEHI CEO pointed out that one primary reason why America’s nuclear energy sector has such a stellar record is that after Three Mile Island, the industry established its own organization, the Institute of Nuclear Power Operation (http://www.inpo.info/index.html), to evaluate nuclear power plants, train workers, and achieve high levels of safety and reliability.

Gillispie, a founding member of INPO, stated “INPO’s industry peer review, nuclear best practice communication, sharing of operating experience and safety drills at each of the 104 U.S. nuclear power plants makes the civilian nuclear electric power industry the safest industry in America.”

“America still is the largest producer of nuclear power,” stated Gillispie, “with about 31% of the total worldwide nuclear generation. And with all of the political pressures to legislate so-called green environmental standards, more and more nations are now considering nuclear power as a safe alternative energy source. The future is bright for nuclear power.”

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1. Kathy Struble - August 31, 2010

It is clear something will have to be done about the growing need for energy in our world. We can not continue to rely on foreign sources for ever. We put our military men on Nuclear subs everyday with no adverse affects. My own stepson was a resident on a sub for several years. The technology has gotten better and more reliable. Lets get ourselves out of the prehistoric times. and into the time of energy advancement.

2. cleanidahoenergy - September 1, 2010

Kathy, thank you very much for your kind (and well-informed) words of support.

3. Tim Akano, CEO New Horizons Nigeria - September 3, 2010

Brave AEHI for this most innovative and bold step in solving the energy crisis which the world is currently facing.With AEHI nuclear power, the world is safer. The time is most appropriate. The cost is friendly. The benefits are gargantuan. We in Africa, especially in Nigeria cannot wait to tap into AEHI nuclear solution.

cleanidahoenergy - September 3, 2010

Mr. Akano, thank you for your kind words. Nigeria is fortunate to have such forward-thinking business leaders as yourself. We wish you success and who knows, someday we may indeed be building a reactor in Nigeria!

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