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AEHI CEO Cites United Nations Data on Global Water Crisis and Urges Wider Use of Nuclear Desalination Reactors August 23, 2010

Posted by cleanidahoenergy in AEHI, approval process, China, Chinese nuclear energy, desalination, Energy Neutral, Green World Water, Greenfield nuclear development, Hyperion Power Generators, Payette County.
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BOISE, Idaho, Aug. 23, 2010 (GLOBE NEWSWIRE) — Don Gillispie, CEO of Alternate Energy Holdings, Inc. (OTCBB:AEHI) (www.aehipower.com), an Eagle-Idaho based developer of large-scale nuclear and green energy projects including nuclear power plants and nuclear desalination reactors, today stated, “United Nations (http://www.un.org/waterforlifedecade/) data now confirms that the world is in the midst of a water crisis with one in six people worldwide without sufficient amounts of fresh water. In my opinion, one solution to this problem should be nuclear desalination reactors that can produce large amounts of fresh clean water.”

According to Gillispie, “The worldwide fresh water crisis, which is expected to outstrip supply by 2025 per the UN, could be helped significantly by using desalination systems powered by commercial nuclear reactors. Seawater desalination as an alternate source of fresh water has been used primarily with fossil plants around the world, but until now there hasn’t been a pairing of large commercial nuclear reactors with desalination systems. Nuclear powered desalination not only provides more affordable fresh clean water, but also excess electricity and carbon credits.”

Gillispie, whose AEHI subsidiary Green World Water™ (www.GreenWorld-h2o.com) plans to produce and market one of the world’s first large commercial nuclear desalination reactors, stated, “The World Health Organization (WHO) announced that 1.4 million children die every year from illness caused by unclean water and poor sanitation. WHO estimates that there are 4000 children dying every single day because of this fresh water crisis. Nuclear desalination reactors would give many of these children the fresh water to live.”

The International Atomic Energy Agency (IAEA) issued a recent report stating that 2.3 billion people live in water-stressed regions. “Lack of fresh water greatly constrains a country’s development in all respects,” stated the IAEA report. “Nuclear desalination thus becomes a popular solution.”

Gillispie agrees, “Nuclear desalination reactors have the ability to produce clean, fresh water from the ocean, rivers, and even brackish sources. These reactors can also generate enough electricity to supply the energy needs of entire communities and pump water inland to drought stricken areas.”

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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AEHI Reaches Milestones in Nuclear Power Goals August 23, 2010

Posted by cleanidahoenergy in AEHI, Chinese nuclear energy, desalination, Energy Neutral, Green World Water, Greenfield nuclear development, Hyperion Power Generators, nuclear jobs, Payette County.
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PRESS RELEASE
August 19, 2010
For Immediate Release

AEHI Reports Progress Toward Local Approval of Nuclear Power Plant and Strong International Interest in Green World Water(TM) Nuclear Desalinization Reactor

BOISE, IDAHO – August 19, 2010 – Alternate Energy Holdings, Inc. (OTCQB:AEHI); http://www.aehipower.com), an independent developer of large-scale nuclear and green energy projects including nuclear power plants and nuclear desalination reactors, today provided an update on its key projects including growing international interest in its Green World Water™(GWW) (www.greenworld-h2o.com) nuclear desalinization reactors.

GWW systems are designed to satisfy U.S. safety design standards and intended initially for non-U.S. buyers around the world with a need for large volumes of affordable potable water and electricity.  AEHI has also made tremendous strides towards receiving final local approval in Payette, Idaho for its proposed nuclear power plant and is currently working on a build-out of an Energy Neutral™ (www.energyneutralinc.com) subdivision, with the goal of building homes that produce more power than they consume.

AEHI CEO, Don Gillispie stated, “We have reached a number of key milestones in just the last six months, which put us on track of attaining our corporate goals of building a nuclear power plant in Idaho and selling what we believe will be the world’s first commercially available nuclear desalination system.”

•    In May this year, Payette County Commissioners approved a key change to the county’s comprehensive plan, which allows for an industrial complex on a 5,000 acre parcel under the precondition that the industrial use involve a nuclear power plant.
•    In July, AEHI filed for final rezone approval and AEHI is confident the approval will come before the end of the year.
•    Application preparations are also underway for the Nuclear Regulatory Commission in advance of the local approval process in Payette County Idaho.
•    Due to rapid progress and strong local support, AEHI dropped a secondary backup site in Elmore County, Idaho, and instead is focusing resources and efforts exclusively in Payette County, where AEHI has located both primary and secondary sites.
•    AEHI subsidiary Green World Water™ announced the signing of a Memorandum of Understanding (MOU) with Tubestar Oil and Gas, on what will be the world’s first commercially available and competitively priced nuclear desalination reactor.  The GWW system can desalt large volumes of water, while producing electricity simultaneously.
•    AEHI expects several more signed GWW MOUs in the coming months and is confident one or more of these MOUs will progress to final contracts before year end.
•    AEHI’s build-out partner on the GWW desalination system is China National Nuclear Corporation (CNNC), which is the largest state-owned enterprise in China, with the experience and resources to rapidly bring these desalination reactors to market, providing AEHI with an unparalleled first-mover advantage.
•    In mid-June, AEHI signed an MOU with Hyperion Power Generation to license, build and market Hyperion’s refrigerator-sized modular nuclear reactors on a world-wide basis.  The reactor is expected to create international opportunities, while expanding the reach of Green World Water™.
•    In March, AEHI subsidiary, Energy Neutral™ finished building its first home that produces more power than it uses.  Until recently, the home operated as a model home and has now been placed on the market.  Energy Neutral™ is now moving forward on a subdivision in west Boise, Idaho.

Mr. Gillispie concluded, “We remain extremely excited about the outlook for AEHI.  Worldwide sentiment toward nuclear power has changed.  Nuclear has proven itself as the safest, most reliable, cost effective, and scalable form of clean baseload power generation.  Nuclear power has also been proven as an unbeatable method of economic development in the energy sector – an industry that can produce thousands of jobs with very high levels of pay.  As a result of these factors, we are very optimistic AEHI will achieve measurable financial milestones this year and we look forward to keeping our investors apprised of developments as the year progresses.”

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 Posts Presentation on InvestorRoadshow.com; Provides Update on Idaho Nuclear Reactor, Green World Water™ Desalinization June 10, 2010

Posted by cleanidahoenergy in AEHI, approval process, China, Elmore County, Energy Neutral, Green World Water, international, Investment news, Payette County.
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BOISE, IDAHO – June 9, 2010 – Alternate Energy Holdings, Inc. (OTCQB: AEHI) announced today that it has posted its investor presentation slides and synchronized audio to the Investor Roadshow website (www.InvestorRoadshow.com), an online portal for connecting investors with executives of publicly traded companies. Mr. Don Gillispie, AEHI CEO, provided a target business timeline and updates on:

• The local permitting process for the Company’s proposed primary and backup nuclear reactor sites in Payette and Elmore counties in Idaho;
• AEHI’s Green World Water™ project and exclusive partnership with China National Nuclear Corporation to produce and market nuclear desalinization reactors
• The Company’s Energy Neutral™ home, which produces more energy than it consumesDon Gillispie, AEHI CEO, commented, “We are the only independent nuclear power plant developer in the U.S. seeking to build in non-nuclear states. Today’s safe nuclear energy design provides unchallenged consistency along with some of the lowest production costs and highest capacity to support the nation’s base load requirements while eliminating green house gas emissions. Support for nuclear is growing rapidly, particularly as most state regulators now prefer nuclear even to natural gas, and approximately 84% of Americans living close to nuclear power plants now support this environmentally friendly and safe option that also contributes jobs to the local community. The fact that we have now received unanimous approval from Payette County’s Board of Commissioners for its comprehensive county plan change, as well as the planning and zoning approval at our backup site in Elmore County, demonstrates we have made dramatic operational progress and are well on our way to NRC review, followed by the construction phase at one or both of these sites. At each stage of the permitting and regulatory approval process, the commercial value of these sites increases substantially driving significant value creation for our shareholders.”

“At the same time we are moving forward our proposed $10 billion nuclear project, we are also actively pursuing multiple near-term revenue opportunities. Among these, we recently announced an official partnership with China National Nuclear Corporation to produce and market nuclear desalinization reactors. Our Green World Water reactor design is state-of-the-art, and offers the cleanest, most efficient, and most cost-effective solution for converting salt water to drinking water. Several countries have already expressed interest in the desalinization reactor and we expect to have several of these projects underway within a year.”

“Lastly, we have received significant interest from homebuyers and homebuilders in our new Energy Neutral home. This home produces more energy than it consumes, and provides the excess energy back to the grid, generating net cash flow from the public utility on a monthly basis that can be used to offset total home ownership costs. Given the current stage of permitting for our nuclear reactor sites, coupled with our near-term revenue opportunities, we are extremely encouraged by the outlook for our business.”

About Investor Roadshow

Investor Roadshow brings the experience of attending a one-on-one meeting or group presentation with corporate management direct to your home or office. For qualified institutions and individual investors, a live one-on-one virtual meeting can be arranged through the site that suits investors busy schedules, complete with Q&A. Investors can also utilize the site to request additional information from the featured companies. The proprietary Investor Roadshow technology, powered by Equisolve, seamlessly integrates with the company’s own IR website.

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/), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.

Idaho’s first Energy Neutral home, now under construction, will produce more energy than it demands November 11, 2009

Posted by cleanidahoenergy in AEHI, Electric cars, electric vehicles, Energy Neutral, housing, renewable energy, Solar energy, Transportation.
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Eagle company developing new home that will incorporate solar, computer technology to be an energy producer; company eyes markets in business and agriculture

Nov. 11, 2009

For more information,
Micah Gosney 208-939-3495
Don Gillispie 208-939-9311

www.aehipower.com
www.energyneutralinc.com

www.facebook.com/AEHIPower
www.twitter.com/energyneutral

An Eagle company is constructing its first “Energy Neutral” home, designed from the ground-up to produce more energy than it consumes.

“This first home will establish that an efficiently built home equipped with renewable technologies will achieve energy neutrality” said Micah Gosney, Executive Director of Energy Neutral.

The idea of using renewable energy to augment residential power has been around for years. However, Energy Neutral is using established methods of energy production – such as solar panels – and combining them with energy-saving construction practices to provide an affordable home that achieves energy neutrality. The home may draw energy from the grid as needed, such as during evening hours, but send energy back into the grid on sunny days. In all, the home is expected to be a net producer of electricity and carry a zero energy bill over its life.

Energy Neutral is a holding of Eagle-based Alternate Energy Holdings Inc., which is seeking to build a nuclear plant in Idaho and other states and is working with Chinese companies on related energy ventures. AEHI CEO Don Gillispie said he has had the idea for several years to make an energy neutral home and is funding its construction with a personal loan to the company.

“Renewables produce energy considerably less than half the time, so integrating them with a reliable source baseload power gives the best of both worlds,” said Gillispie. “This is another way to help the state and country by lowering grid demand and consumers’ power bills not to mention reducing emissions.”

“This house, costing the same as a conventional heated and cooled building, will save its owner over $200,000 in energy bills over a fifty year life at today’s costs,” Gillispie said. “When you consider the escalating cost of energy, the savings could approach $1,000,000 over the same time period effectively allowing the homeowner to buy the house including interest with his energy savings.”

Biltmore Company of Meridian was chosen to construct the home and construction started on November 3, 2009 and will be completed in the spring of 2010. The home’s address is 12963 W. Scotfield Court in Boise in the Monet Meadows subdivision, located in west Boise, near Centennial High School.

The 2,900 square-foot Craftsman/bungalow style home costs about as much as a typical home to build (around $100 a square foot), due to government and utility incentives. It will include:

  • Photovoltaic panels sufficient to supply energy requirements to more than cover everyday consumption
  • 2 X 6 wall construction using advanced framing techniques for energy efficiency and material conservation
  • High efficiency insulation upgrades including foam insulation and blow-in blanket
  • Radiant Low E roof barrier to reduce heat transfer
  • Power save energy conservation controls
  • Solar attic fans for heat expulsion during hot summer days
  • Low E and U factor windows to conserve heat transfer
  • Key placement of sun tubes for day time illumination
  • Room occupancy sensors can tell if someone is in the room and shut off the lights if they aren’t
  • Compact fluorescent and LED light bulbs
  • High-efficiency heat pump with zoned air conditioning system
  • Integrated Green Materials.
  • A computerized system that monitors energy use in the house and looks for waste and potential savings.

The home will feature standard amenities such as a full basement; five bedrooms; home office; three bathrooms; covered front and rear patio; three car garage; large master suite with sitting area and spacious master bathroom; large kitchen with solid surface counter tops and large dining area; 10’ ceilings in living area; 14’ ceiling in office; 9’ ceilings for all other area; hardwood floors; expansive windows and 8’ entry and interior doors; fully landscaped front and rear yard with sod, trees, planter bed with bushes and underground sprinklers; and finished and painted garage.

The home will participate in Idaho Power’s net metering program, drawing and supplying energy to and from the grid.  Energy Neutral Inc. seeks to assist homeowners and businesses to reduce their dependence on traditional power by implementing alternative renewable power sources.

Energy forecasters predict more and more people will charge their hybrid vehicles at home, making further demands on the energy grid. Gillispie said energy neutral homes will be able to soak up some of that demand, allowing people to power their cars, in part, with free energy from their homes.

Energy Neutral is able to add more energy production features in future houses, such as photovoltaic panels that resemble shingles and small wind turbines for windy areas. While Energy Neutral is showcasing its abilities with the model home, it can also apply these technologies to farms and businesses and is hoping to break into those markets as well. Gillispie said he hopes to eventually develop an Energy Neutral subdivision in Idaho and the model home is the first step.

“We think this will become more common over time in all kinds of development, especially if someone builds an example to show that energy neutrality is attainable, affordable and can be done with traditional construction methods. It is a green house that saves your green backs.” Gillispie said.