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AEHI Offers Nuclear Desalination Systems to Pakistani Flood Victims September 28, 2010

Posted by cleanidahoenergy in AEHI, desalination, Green World Water, Pakistan.
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Pakistani embassy contacs AEHI

BOISE, Idaho, Sep 28, 2010– Don Gillispie, CEO of Idaho-based Alternate Energy Holdings, Inc. (www.aehipower.com), has offered his company’s commercial nuclear desalination systems to help Pakistan’s flood victims at cost. In a letter to Pakistan President Asif Ali Zardari and Prime Minister Yousaf Raza Gillani, Gillispie stated that Green World Water (www.greenworld-h2o.com), an AEHI subsidiary that specializes in nuclear desalination systems, could assist in providing clean fresh water to the Pakistani flood victims.

Gillispie was later contacted by Mr. Zahid Chaudhri, the Head of Chancellery, at the Pakistan Embassy to discuss the initial details concerning the AEHI offer, which Gillispie says would create long-term solutions to clean water and energy in Pakistan.

“To show our dedication to Pakistan’s rebirth we would like to offer a reduced price on our services,” Gillispie’s letter stated. Green World Water assists developing countries with nuclear reactors for the production of potable water and power generation. A copy of the AEHI letter was also sent to the U.S. Ambassador in Pakistan.

Gillispie’s letter comes on the heels of news from the International aid agency Oxfam (http://www.oxfam.org.uk) that warns of a public health catastrophe in flood-ravaged Pakistan. Oxfam recently stated that the number of cases from acute diarrhea, skin diseases, acute respiratory infections and suspected malaria due to the clean water crisis have more than tripled. The aid agency also stated that just 30 percent of the money needed for water has been received from the United Nations.

In his letter Gillispie stated, “We can also offer unmatched financing options that will help Pakistan replace what has been taken, while creating a foundation for future success in government, industry and the people who rely on Pakistan for power and clean water.”

The products and financing options are made available through AEHI’s partnership with China National Nuclear Corporation (CNNC).

“We feel a responsibility to global health and more specifically to the Pakistani people suffering during this turbulent time,” Gillispie wrote. “We would humbly request the opportunity to make a difference in Pakistan — creating a future focused on clean water and abundant energy for your country.”

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.

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.

Energy states do better in recession September 21, 2010

Posted by cleanidahoenergy in economic benefits.
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USA Today recently did a study of states in the recession. Among their findings:

Energy states. States such as Texas and Alaska did the best during the recession — and continue to do well now. Even coal states such as Kentucky have enjoyed strong income gains.”

For the complete story, see here. This just reinforces the need for nuclear power plants, which provide thousands of jobs during and after construction.

Nuclear Energy Will Help Meet Rising Electricity Demand, Create Jobs, Says AEHI CEO September 20, 2010

Posted by cleanidahoenergy in AEHI, economic benefits, Greenfield nuclear development, Payette County.
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BOISE, Idaho, Sep 20, 2010 (GlobeNewswire via COMTEX) — “The acceleration of nuclear energy use in the U.S. can help meet the rising electricity demand with a clean-air energy source and at the same time spur the American economy as construction of new plants will lead to increasing demand for tens of thousands of skilled workers at all levels,” stated Don Gillispie, CEO of Alternate Energy Holdings, Inc. (www.aehipower.com).

AEHI, based in Eagle, ID, develops and markets innovative clean energy sources and is seeking to build new power plants in non-nuclear states. “The U.S. Department of Energy projects that U.S. electricity demands will rise 26 percent by 2035. Industry experts estimate our nation will need hundreds of new power plants to provide electricity in our homes and businesses, as well as a much needed boost to our economy,” Gillispie said. Some 17 companies and consortia are considering building more than 30 nuclear power plants. The U.S. Nuclear Regulatory Commission (NRC) is actively reviewing 13 combined license applications from 12 companies and consortia for 22 nuclear power plants, according to the Nuclear Energy Institute (NEI)(www.nei.org/keyissues/newnuclearplants/).

AEHI is among those companies that intend to apply to the NRC for a license for its proposed $10 billion commercial Idaho Energy Complex, which the company plans to construct on a 5,300-acre parcel in Payette County, Idaho. AEHI also secured a backup nuclear site on 6,000 acres adjacent to the primary site. The initial plant is expected to become operational in 2019.

According to a recent independent study, AEHI’s proposed plant about 60 miles northwest of Boise is expected to create around 5,000 jobs through the construction phase and more than 1,000 direct and 2,000 indirect jobs during operations. Pay levels for those jobs would average $60,000 and $80,000, respectively. Revenue for the county and state during the construction phase alone is projected to increase Idaho’s GDP by some $5.3 billion inclusive of $4.8 billion that would flow directly through Payette County.

NEI has reported there are considerable economic benefits for communities and states when they host new nuclear plants including hundreds of jobs and an expanded tax base. Over the past two years more than 15,000 new jobs have been created due to new nuclear plant activities and the number of U.S. suppliers of nuclear energy equipment certified by the American Society of Mechanical Engineers has jumped 22 percent since 2007.

Based on DOE forecasts for the U.S, maintaining nuclear energy’s current 20 percent share of generation would require building about one reactor per year, starting in 2016. Currently, the largest share of baseload power in the U.S. is provided by coal plants, which pump about 1800 pounds of pollution into the atmosphere per minute. The smallest share is provided by renewables like wind and solar, which are clean, but only work between 10 and 20 percent of the time with high costs.

“Nuclear power has zero carbon emissions and is the only energy we have today that can provide clean, low cost and reliable based-load electricity 24/7,” Gillispie said.

The expansion of nuclear power in the U.S. – or around the world in the foreseeable future – will not be limited by a shortage of uranium supplies, according to a major new interdisciplinary study produced under the auspices of the MIT Energy Initiative. The study challenges conventional assumptions about nuclear energy (http://web.mit.edu/press/2010/nuclear-report-release.html).

About Alternate Energy Holdings, Inc. (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.

India’s Water Crisis Sparks Demand for AEHI’s Nuclear Desalination Systems September 14, 2010

Posted by cleanidahoenergy in AEHI, desalination, Green World Water, Indian nuclear, Water policy.
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World Bank Report Says India Water Supply in Danger by 2020

BOISE, Idaho, Sept. 14, 2010 (GLOBE NEWSWIRE) — Alternate Energy Holdings, Inc.’s (OTCQB:AEHI) (www.aehipower.com) proposed nuclear desalination reactor systems have generated significant interest in India.

According to recently published reports by the World Bank, India’s demand for water will exceed its sources of supply by 2020. Indian companies are now looking into nuclear desalination reactors as one solution to that nation’s water crisis.

Tubestar Oil and Gas, an oilfield inspection service based in Mumbai, India, is one example of how India’s private sector is investigating the use of nuclear desalination. The company is now reviewing the feasibility of building a nuclear desalination plant that would supply both power and clean water in India. Tubestar recently signed a Memorandum of Understanding with Green World Water (TM) (www.greenworld-h2o.com), a subsidiary of Alternate Energy Holdings, Inc. based in Eagle, Idaho.

Green World Water(TM) plans to market nuclear desalination systems that create clean water and power simultaneously. “Green World Water’s reactor is designed to produce the power Tubestar wants and the water India needs. In fact, it can process enough salt water from the ocean to provide clean fresh water for up to 1 million people per day,” stated Don Gillispie, CEO of AEHI.

“Using nuclear desalination we can produce clean water for a cost as low as 35 cents per cubic meter. Comparisons with coal, natural gas and wind indicate costs of between $2 and $12 per cubic meter.” The World Bank’s report “India’s Water Economy: Bracing for a Turbulent Future” states, “Unless water management practices are changed — and changed soon — India will face a severe water crisis within the next two decades.”

The World Bank’s State of India Environment also reports that the per capita drinking water availability in India has dramatically dropped by 15%-20% over the past 20 years. World Bank estimates that 21% of the communicable diseases in India are related to unsafe water.

Tubestar Oil and Gas, based in Mumbai, India, is in a region facing a critical water shortage. Mumbai currently faces a water shortfall of 650 million liters per day. According to a recent article entitled “India’s Flood of Troubles” authored by Nikhil Inamdar (http://www.the-nri.com/index.php/2010/07/indias-flood-of-troubles/): “The coming years could prove even more difficult as demand increases and sources of fresh water supply dry up due to heavy contamination. A World Bank study ranked Delhi, India’s capital, as the worst performing city when it came to water availability in Asia followed closely by Mumbai coming second.”

The World Nuclear Association (http://www.world-nuclear.org/info/inf71.html) recently reported that India has been engaged in desalination research since the 1970s.

“India’s potential deployment of nuclear desalination reactors on a commercial basis would help spur its economic growth over the next decade,” said AEHI’s Gillispie. “India should position itself to lead the world in the use of nuclear desalination reactors, as both the government and private sector businesses demand a cost-effective solution to the country’s water crisis.” 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.

Excellent Forbes story on nuclear construction September 10, 2010

Posted by cleanidahoenergy in economic benefits, nuclear industry, nuclear jobs.
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This is a good story updating the progress of Southern Co.’s construction of nuclear reactors. Most significantly, 1,300 people are working on this job and the company doesn’t even have its final COLA (Combined Operating Licence) finished yet. This is strong, ongoing proof that nuclear plant construction puts people to work.

Hypergrowthstock.com notes AEHI September 9, 2010

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HYPER GROWTH STOCK.COM

Pre-Market Analysis for Thursday, Sept. 9
Today in the Stock Market

“AEHI continues its trek higher and as long as volume remains strong, we remain bullish in the near-term. The $0.80 area could create some profit-taking but a break above would signal a move back to $1.00.”

Future is Bright for Mini Nuclear Plants According to Industry Experts September 8, 2010

Posted by cleanidahoenergy in AEHI, Chinese nuclear energy, desalination, Green World Water, Hyperion Power Generators.
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BOISE, Idaho, September 8, 2010 – The nuclear industry is now dominated by giant electricity-generating power plants, but many of tomorrow’s nuclear reactors will be small-some as Lilliputian as a refrigerator. They will power entire towns or even individual ships. Daniel T. Ingersoll, a senior program manager who studies small modular reactors at the Oak Ridge National Laboratory, predicts rapid growth for these mini-nukes-and big investment opportunities. “Global demand could reach 500 to 1,000 reactors by 2040,” he says.

The potential of small nuclear plants has caught the attention of everyone from Bill Gates to giant Babcock & Wilcox. But perhaps the furthest along is Hyperion (http://www.hyperionpowergeneration.com/) , a company spun out of Los Alamos National Laboratory. Hyperion is now working with Alternate Energy Holdings, Inc (OTCQB:AEHI) (www.aehipower.com)  and the China National Nuclear Corporation to turn Hyperion’s innovative design into a tangible product that could be on the market by the end of 2011. “If we can pull it off, we will be the first to manufacture and sell a mini-reactor,” says Don Gillispie, CEO of Alternate Energy Holdings and a 45-year veteran of the nuclear industry.

Gillispie is now in China negotiating an agreement with the CNNC and its subsidiaries to assess and construct the Hyperion design-following up on an existing MOU with the Chinese.

Gillispie already had an agreement with the Chinese to build a larger reactor for sale around the world as a power source for electricity and desalination. But during the discussions that led to that agreement, he learned that the Chinese were searching for a substitute for the diesel engines in cargo vessels. “They asked if I could help find a small reactor to use in their ships,” Gillispie says.

He discovered such a reactor at Hyperion. “It’s a miniature version of the reactors we use today, very cleverly designed by Los Alamos scientists,” he explains. The basic module is completely sealed and safe. Hooked up to a steam turbine, it produces 25 megawatts (MWe) of electricity, enough to power about 20,000 homes. But several of the refrigerator-sized modules can be stacked together, creating 50 MWe or 75 MWe or even 100 MWe power plants. “For small island nations or small to medium-sized towns, it’s an excellent source of power,” says Gillispie. After ten years or so, the modular reactor is simply removed and replaced with a new unit, so there are no problems or issues for the owners with spent fuel. “It’s just like buying a refrigerator,” Gillispie says. “People love the idea.”

Gillispie has gotten strong interest in the reactor from more than 100 potential customers, ranging from India and Qatar to the island of Saipan in the Northern Mariana Islands, which has actually passed a law specifying that Hyperion product will be used as a source of energy. “That’s how confident they are in the Hyperion reactor,” Gillispie says.

In order to sell the mini-reactors in the U.S, Hyperion needs to get approval from the Nuclear Regulatory Commission. Gillispie expects that to happen within a few years, but in the meantime, there will be a good business marketing the product elsewhere. “We’ll make money selling the mini-reactors outside the U.S. before it’s approved here,” he explains.

The cost? Some experts believe that a 25 MW mini-reactor will be a somewhat pricey $100 million. Gillispie expects the price tag to be about half that, making it affordable-yet still profitable for the companies that succeed in the marketplace. There’s quite a bit of competition, Gillispie acknowledges, but Hyperion is in the lead in the race to be the first on the market. Plus, “I think one advantage we have is that we can vary the size of the unit,” he explains. “That makes it much more attractive.”

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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Alternate Energy Holdings Suspends Plans for a Reverse Stock Split September 7, 2010

Posted by cleanidahoenergy in AEHI, Green World Water, Hyperion Power Generators, Payette County, stock market.
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Decision Based on Potentail Near-Term Milestones
BOISE, Idaho, Sep 7, 2010 — Alternate Energy Holdings, Inc. (OTCQB: AEHI) today announced a decision to suspend all efforts involving a reverse stock split with the anticipation of milestone events in the near future that could greatly reduce a reverse split or render it unnecessary in order to uplist to the major exchange.

Based on confidence in AEHI’s accomplishments and long term potential, company directors and line officers have maintained their stock ownership, in which no shares have been sold since company inception.

Some of the expected near-term milestone events include potential sales of nuclear desalination systems from AEHI subsidiary Green World Water™ (www.greenworld-h2o.com), a growing partnership with Hyperion Power Generation, which could include a deal with the China National Nuclear Corporation (CNNC) to produce Hyperion’s small modular reactor for sale on an international level.  In particular, AEHI also anticipates a favorable zoning decision from the Payette County, Idaho Board of Commissioners, which would give the company the local and state approval necessary to build a proposed nuclear power plant.

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™, which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) and Green World Water™, which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), production of potable water and other suitable applications.

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. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans. 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. 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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Need Jobs And Tax Revenue? Build Nuclear Power Power Plants, Says CEO of Alternate Energy Holdings September 4, 2010

Posted by cleanidahoenergy in AEHI, economic benefits, nuclear jobs, Payette County.
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BOISE, Idaho, Sep 3, 2010 — Today’s jobs report from the U.S. Dept. of Labor continues to highlight the need for U.S private sector job growth.

“But there is an excellent way to create millions of high-paying jobs,” says Don Gillispie, CEO of Alternate Energy Holdings, Inc. (OTCQB:AEHI) (www.aehipower.com), “Build new nuclear plants.”

Gillispie has the experience and numbers to back up his statement. He is a 45-year veteran of the nuclear industry. Now his company is on track to build two big plants in Payette County, Idaho. He expects approval from the county and state by the end of the year.

The plants will take about five years to build, directly employing more than 5,000 workers during that time. And since nuclear plants need hundreds of thousands of tons of concrete, more than 30,000 tons of steel, and countless specialized parts from a giant chain of suppliers, the total number of jobs created by the plants will actually be in the tens of thousands.

Now imagine ten or so such projects around the country, says Gillispie. “That would create close to a million jobs.” Nuclear power could singlehandedly make a sizable dent in the nation’s unemployment rate, dropping it below 9%. “The nuclear industry is the greatest job creator we have in the country today,” says Gillispie. After construction is finished, new dual unit plants would offer about 1,000 permanent well-paying jobs per project with another 2,000 or so indirect jobs.

The nation as a whole benefits from the increased number of workers earning wages and paying taxes. And in the regions where new plants are built, the economic impacts would be enormous. Payette County, for instance, now has an unemployment rate higher than Idaho’s average and faces a budget shortfall of $500,000. If construction goes forward, Gillispie’s plants will drop the unemployment rate to one of the lowest in the country, and add $100 million per year to county tax revenue. The project will also bring billions to the state of Idaho. “It will be huge boon to the area–and to the country,” says Gillispie.

Building nuclear plants brings benefits over and beyond new jobs. The industry produces reliable and clean electricity, without the threat of pollution, oil spills, and other environmental damage.

But today’s job report is another sobering reminder of how long lasting the economic crisis has become–and how valuable the nuclear industry can be to pulling the nation out of its slump.

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 U.S. 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.

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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Payette Chamber of Commerce endorses AEHI’s proposed Idaho nuclear power plant September 2, 2010

Posted by cleanidahoenergy in AEHI, nuclear jobs, Payette County.
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BOISE, Idaho, Sep 2, 2010 — The Payette Chamber of Commerce today announced its official endorsement of Alternate Energy Holdings, Inc. (OTCQB:AEHI) and the company’s plan to build a nuclear power plant in Payette County, Idaho.

Over the past year the Chamber and its members have become keenly aware of AEHI and of how the company’s endeavors will enhance and improve business and job opportunities in Payette County.

“Nuclear power has proven itself as one of the safest, cleanest and most reliable sources of energy in the world. It is also a tremendous source for jobs, something we desperately need in Payette County. Our unemployment rate currently surpasses the state average and AEHI’s proposal would bring thousands of new jobs into our community — high paying positions that will increase employment opportunities even outside the power plant,” said Shelley Creson, Executive Director of the Payette Chamber of Commerce.

“A business like AEHI is exactly what we need in Payette and by extension Payette County. It is the same reason I put my support behind this company. In my opinion, AEHI’s leadership is steeped in nuclear power, with people who spent their entire careers in the nuclear industry. They have built and maintained power plants around the nation and I look forward to them bringing that same success to our community. As they succeed, so will our county and the people who live in it,” said Jeff Williams, Chamber member and Mayor of Payette.

The Chamber and its members are confident in AEHI’s success and look forward to the local approval process, which the Chamber believes will result in a positive result for the company, its shareholders and the people who live in Payette County.

AEHI joined the Payette Chamber of Commerce in early 2010 and has remained an active member since that time.

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 U.S. 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.

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 Logo

PRESS RELEASE
September 02, 2010

For Immediate Release
Contact:
Investors: David K. Waldman / John J. Quirk, Jr
Crescendo Communications, LLC
Tel: (212) 671-1020
Email:
aehi@crescendo-ir.com
Media: Dan Hamilton

AEHI Director of Corporate Communications

Tel: (208) 914-8894

Alternate Energy Holdings’ Nuclear Power Plant Endorsed by Payette Chamber of Commerce

BOISE, Idaho, Sep 2, 2010 — The Payette Chamber of Commerce today announced its official endorsement of Alternate Energy Holdings, Inc. (OTCQB:AEHI) and the company’s plan to build a nuclear power plant in Payette County, Idaho.

Over the past year the Chamber and its members have become keenly aware of AEHI and of how the company’s endeavors will enhance and improve business and job opportunities in Payette County.

“Nuclear power has proven itself as one of the safest, cleanest and most reliable sources of energy in the world. It is also a tremendous source for jobs, something we desperately need in Payette County. Our unemployment rate currently surpasses the state average and AEHI’s proposal would bring thousands of new jobs into our community — high paying positions that will increase employment opportunities even outside the power plant,” said Shelley Creson, Executive Director of the Payette Chamber of Commerce.

“A business like AEHI is exactly what we need in Payette and by extension Payette County. It is the same reason I put my support behind this company. In my opinion, AEHI’s leadership is steeped in nuclear power, with people who spent their entire careers in the nuclear industry. They have built and maintained power plants around the nation and I look forward to them bringing that same success to our community. As they succeed, so will our county and the people who live in it,” said Jeff Williams, Chamber member and Mayor of Payette.

The Chamber and its members are confident in AEHI’s success and look forward to the local approval process, which the Chamber believes will result in a positive result for the company, its shareholders and the people who live in Payette County.

AEHI joined the Payette Chamber of Commerce in early 2010 and has remained an active member since that time. 

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 U.S. 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.

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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Alternate Energy Holdings, Inc. | 911 E Winding Creek Dr. | Suite 150 | Eagle | ID | 83616