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Promising signs from Korea September 23, 2009

Posted by cleanidahoenergy in AEHI, Colorado, Energy policy, Korean reactors, nuclear industry, reactor types.
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I am currently travelling in Colorado but I wanted to update followers on some initiatives we have going. Alternate Energy Holdings Inc. is nearing a deal to bring the first Korean advanced reactor to the US for the Idaho nuclear project. This is an excellent design based on Combustion Engineering and Westinghouse designs first developed in the US. Also, the Koreans are some of best reactor operators in the world. This reactor will allow AEHI to produce the lowest cost power of any proposed US power plant including combined cycle gas, wind, solar, geothermal and clean coal. It will also stimulate investment money from Korea into our Idaho nuclear project.  The MOU will be publicly announced in the near future.