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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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Fruitland Chamber of Commerce says, “AEHI Is Exactly What We Need in Payette County” October 27, 2010

Posted by cleanidahoenergy in AEHI, approval process, Payette County.
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(We are pleased to have the endorsement of Fruitland, Idaho, chamber for our proposed nuclear plant, as well as all the mayors of Payette County)

Fruitland Chamber of Commerce Adds Its Endorsement to AEHI’s Proposed Nuclear Power Plant

Boise, IDAHO: October 27, 2010 — “AEHI is exactly what we need in Payette County. Our interaction with the public has proven they want it and our community needs the jobs and future prosperity a nuclear power plant will provide,” said Carri Draper, Chamber President.

The Fruitland Chamber and its members have been active in educating themselves on the benefits of such a plant and what it could do for the entire county.

“It is our responsibility to represent business opportunities that will make Fruitland and Payette County a better place to live. Everywhere a nuclear power plant exists you will find a community that thrives and we look forward to that same opportunity here,” said Draper.

The nuclear power plant proposed by AEHI is expected to create thousands of jobs, paying well above Payette County’s current average salary. A large percentage of those jobs will be filled by current residents, many that were adversely affected by the economy. And a large portion of the taxes from a multi-billion dollar plant will flow directly through the county, enhancing everything from roads and education, to emergency responders like police, fire and paramedics. AEHI has also been endorsed by the Payette Chamber of Commerce, Payette Mayor Jeff Williams, Fruitland Mayor Ken Bishop and New Plymouth Mayor Joe Cook. AEHI has been an active member of the Payette and Fruitland Chambers of Commerce since early 2010.

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. 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. ###

Alternate Energy Holdings Will Likely Benefit From November Elections, Global Energy and Water Crisis, Says WallStreetCorner.com October 25, 2010

Posted by cleanidahoenergy in AEHI, desalination, economic benefits, Green World Water, stock market.
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BOISE, Idaho, Oct 25, 2010 (GlobeNewswire via COMTEX) — Alternate Energy Holdings, Inc. (otcqb:AEHI) (www.aehipower.com), which develops and markets innovative clean energy sources, is “positioned to be a successful emerging growth company because after the November elections, the next U.S. Congress, newly-elected governors and state legislatures are predicted to be more favorable to helping the U.S. nuclear power sector grow, ushering in a new pro-nuclear power era. The global scarcity of water and energy is another reason why AEHI will certainly prosper and prove to be a winner in the years ahead,” stated Larry Oakley, Editor and Publisher of WallStreetCorner.com (www.WallStreetCorner.com) in a special situation column, “Larry Oakley’s Comment,” published today. The South Carolina-based international investment newsletter is distributed to investors in 96 countries.

“AEHI, based in Boise, Idaho, is the nation’s only independent nuclear power plant developer seeking to build new power plants in non-nuclear states. The company’s plans bode well for the nuclear power industry. Our government has become quite favorable to expansion of nuclear energy. With the November elections coming soon, both Republicans and Democrats in the House and the Senate want to put forth their approval of power from nuclear plants. I see a rather strong shift to nuclear power. There has also been a new wave of investor interest in companies associated with nuclear power. AEHI, in my opinion, will profit greatly from the present awareness of the advantages of nuclear energy,” stated Oakley.

On a global basis, Oakley discussed the company’s Green World Water(TM) subsidiary (www.GreenWorld-h2o.com), which is marketing the world’s first large commercial nuclear desalination reactor produced in China that have the ability to create large amounts of clean water and power simultaneously to meet the needs of entire communities. He cited a recent UN report indicating that shortages are already beginning to slow economic growth everywhere from California and China to Australia and India.

Oakley noted that AEHI’s CEO Don Gillispie views the global crisis as “bringing opportunities for companies like AEHI. The innovation and ingenuity of the private sector can solve this looming global problem — and make money for investors.”

Regarding the company’s shares, Oakley stated: “I was really upset when I saw the illegal shorting of AEHI shares incited by lies in a publication. One of my greatest concerns is the hateful things some shorters engage in to artificially make a stock’s share price go down so they can make more money when they cover their shorts. Fortunately, a highly respected news source, Pinnacle Digest (www.pinnacledigest.com), came to the rescue.” In his column, Mr. Oakley provided excerpts of Pinnacle’s investigative report on AEHI, which takes a very strong and positive position about the future of AEHI. As examples:

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.

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.
###

Two Seperate Counties In Idaho Competing For New Nuclear Reactor – Nuclear Power Industry News July 2, 2010

Posted by cleanidahoenergy in AEHI, economic benefits, Elmore County, Payette County.
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Thanks to Nuclear Street for a very good blog entry on our news release.

Two Seperate Counties In Idaho Competing For New Nuclear Reactor – Nuclear Power Industry News.

Moving forward in Payette January 15, 2010

Posted by cleanidahoenergy in AEHI, Blue Castle Project, economic benefits, Fresno Nuclear Energy Group, Payette County.
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A little more than three years ago, I came to Idaho with a proposal to build a nuclear plant. After many  months and millions of dollars – much of it my own – Alternate Energy Holdings Inc. earned a significant success last night. The Payette County Planning and Zoning Commission voted 9 to 1 to recommend revising the county’s comprehensive plan to make way for our proposed nuclear plant; our next step is to apply to rezone the land. That’s pretty technical, but the bottom line is, we may now move forward with our plan to bring jobs, clean energy and prosperity to Payette County and beyond.

I congratulate the team, which has helped me over the years and remained loyal to this project through thick and thin. It has been a hard fight, but we have now established momentum. In the past couple of weeks, we have also successfully attained Over The Counter status in the stock exchange and I enjoyed a very productive period of negotiations with representatives of the Korean government to import reactors into the U.S.

As some of the Payette P and Z commissioners correctly noted, this is just the first step among many more to come and there will be plenty of initiatives ahead of us. In the coming months, we expect to hire dozens of people in Payette County to assist with initial site preparation, including electricians, earth movers, carpenters and laborers; we will keep people informed about this. Also, we will need to prepare incredibly detailed proposals about our plans, accounting or our impact on traffic, public services, revenue, jobs, air quality and many other issues.

Many eyes are on Payette and AEHI now. I predict our continued success will transform the utility and power plant development industries. I expect more small, purpose-built companies will form to develop power plants. Also, I think more utilities will seek to emulate this model to develop plants through their unregulated subsidiaries, to more efficiently provide power and fund new facilities with investor – not ratepayer – money. There are already two other investor companies looking at developing nuclear plants, in Utah and California, and I hope our success encourages them.

Letter to investors September 11, 2009

Posted by cleanidahoenergy in AEHI, China, Chinese nuclear energy, economic benefits, Elmore County, international, Investment news, nuclear industry.
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I sent a letter to investors recently. Keeping people informed about our company, its goals and status is an important to us.

September 9, 2009

Dear AEHI Stockholder,

First, let me thank you so much for your investment in AEHI. The company has several nuclear projects underway including our lead site in Idaho, as well as Colorado, a desalination reactor in Mexico and a Tar Sands reactor in Canada to remove trapped oil.

We also formed Energy Neutral, Inc last year to install wind, solar and geothermal heat pumps on homes and offices to eliminate energy bills. Currently, we plan to build our first energy free model home starting the first of October to demonstrate we can construct buildings with no power bills at essentially the same price as those with energy bills. This will help launch our first energy neutral subdivision. The Energy Neutral Trade Mark name is pending as well.

The Idaho reactor, Idaho Energy Complex, is in the process of seeking local approval and we expect it by year’s end. After the Elmore County site approval was delayed due to process problems, we began looking at other sites and now have three additional Idaho counties who are extremely interested in having our plant. A little competition is always healthy. In addition, we are reviewing state lands for potential sites. After two years of educating Idaho citizens along with support from the national media and key state leaders, we have no doubt that an approved site will happen in Idaho soon and we will be adding staff locally to accommodate. We have a funding commitment from Source Capital for the site.

In July, we opened an office in Beijing, China with some investors as AEHI China to facilitate joint ventures for nuclear components among other things and large institutional investors. With the support of the Chinese government nuclear officials, we have several companies who are interested in working with us. I now travel to China every couple of months to facilitate these deals. Also, we are in the process of negotiating on the price to bring the Korean advanced reactor, APR 1400, to the US. This reactor will be lower than the cost of the other reactors currently in the US market making us more than competitive with any new source of electricity in the country. As a backup, we have begun to talk with Mitsubishi Heavy Industries about their advanced reactor as well. Further, we have a large energy trust that is willing to loan us up to $5 billion for the plant construction phase.

Lastly, in lieu of going on the London Plus Exchange as mentioned in my last letter, we are starting the process for our first public stock offering (IPO) for later this year and a move to the American Stock Exchange. This will open the stock up to institutional and more international investors by the first quarter of 2010 allowing us to leave the penny stock category.

As you can see there is plenty of positive news in the making, we will publicly announce this information as it unfolds. If you would like some more AEHI stock or have qualified investor friends, the price is at its lowest from the company at 5 cents per share with no broker fee or volume limit like in the market. This offer will end October 31 when we file for our public offering. We doubt this price will ever be available again. Also, if you have an unrestricted investment 401K or any IRA you can transfer funds to AEHI stock as well.

Just send an e-mail to invest@aehipower.com or call 208-939-9311for more information and PPM, or you can just mail a check to AEHI if an existing investor. If you are an investor you can add to your holdings for as little as $1000 or any amount above that minimum. New investors need to review the PPM.

Again, thanks for your support as we try to help the country with jobs and clean, low cost energy that will also assist us with energy independence.

Best regards,

Don Gillispie

Expanding opportunities August 6, 2009

Posted by cleanidahoenergy in AEHI, Elmore County, Energy policy, nuclear industry, Politics and nuclear.
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Anyone who knows me, knows I am not a complacent person. While our application in Elmore County remains in play as much as ever, it has been a year and we have no clear commitment from the county. Our duty to our stockholders, to our principles and to the people of Idaho requires us to move forward with consideration of other sites.

NEWS RELEASE

For 9:15 am

August 6, 2009

AEHI’s Idaho Nuclear Plant Offered Multiple Sites

Boise, Idaho, August 6, 2009 – Alternate Energy Holdings, Inc. (OTC: AEHI.PK): AEHI is pleased  to announce several Idaho counties and the state have recently offered lands for AEHI’s nuclear plant following delays in local approval at the current site in Elmore County.

AEHI CEO and president Don Gillispie said, “It is certainly exciting to have so many in Idaho recognize the tremendous benefits of a next generation, environmentally friendly nuclear plant including high paying jobs, great tax revenue; and abundant, low cost, clean power in a region that is critically short on base load energy options. Elmore County’s delay has created a friendly competition for our plant. We are now looking at two additional sites outside of the current county that may actually receive local approval before the existing site.”

AEHI’s site engineering contractor is completing their assessments so we can move forward in a timely manner on these new nuclear plant locations.

Also, the company has also been in contact with several non-nuclear utilities who are considering nuclear plants instead of continuing to invest in the rising cost of carbon plants going forward and need nuclear experienced partners.

“This is likely to be an increasing trend as primarily fossil based utilities realize nuclear is the only viable option for clean base load power today. While nuclear prices are affordable and stable, fossil-fuel prices continue to rise dramatically and fewer carbon base load plants negatively impacts reliability for their customers,” says Gillispie.

About Alternate Energy Holdings, Inc. (www.alternateenergyholdings.com)

Alternate Energy Holdings develops and markets innovative clean energy sources.  Current projects include the Idaho Energy Complex (an advanced nuclear plant and bio-fuel generation facility), Energy Neutral which removes energy demands from homes and businesses (www.energyneutralinc.com), Colorado Energy Park (nuclear and solar generating plants) and International Reactors, Inc., which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications.

This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby.  Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.

US Investor Relations:

208-939-9311

invest@aehipower.com

Snake River Alliance does Idaho no favors June 3, 2009

Posted by cleanidahoenergy in AEHI, Agriculture, anti-renewable energy, economic benefits, Greenfield nuclear development, Mountain Home News, renewable energy, Snake River Alliance.
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[We submitted this opinion to the Mountain Home news last month but space constraints kept it from being published.]

Democracy gives people a lot of latitude in how to get something done, or to stop it from being done. The events over the last few weeks have been really useful in showing how we and the Snake River Alliance differ on those counts. Heat doesn’t substitute for light and even a group as prickly as the Snake River Alliance should know that a civil tone will help public discussion of important issues like energy.

Our efforts to prepare for the April 20 rezone hearing were aboveboard and successful. We launched a public information campaign to let people know about our table to collect resumes and letters of interest and around 500 showed up and wore stickers supporting AEHI. I spoke at clubs, groups, associations, business and anywhere else people would have me, and not all of these venues were friendly.

We collected 1,600 signatures through much hard work going door-to-door, going to food lines, going to workplaces, going to places the SRA wouldn’t bother going. We produced an informational video and mailed it to each household in Elmore County. We sent a letter to every resident of Hammett to address their specific concerns. We launched a traditional advertising campaign and used the new tools of social media to get the word out.

In contrast, the Snake River Alliance prepared for the rezone hearing with bizarre and unethical gimmicks. A week or so before the hearing, the SRA complained to the Glenns Ferry Police Department that I shoved SRA employee Liz Woodruff at a March 10 Glenns Ferry City Council meeting – in a room full of the public, city officials and police officers, no less! The authorities did their duty and, after interviewing me and other people, found the accusation without merit. Clearly, the SRA was fishing for an “October surprise” a week before the rezone hearing, hoping to smear my reputation and throw the meeting into disarray.

These shenanigans have no place in public policy. It probably didn’t help the SRA that Mrs. Woodruff on March 24 publicly apologized to the Glenns Ferry City Council for her childish behavior at that March 10 council meeting, where she sought to disrupt my presentation.

All this is relevant because it speaks to the SRA’s involvement in the public process. As hard as they try to keep a veneer of civility, they openly and behind-the-scenes do what they can do disrupt the local process. Apparently, they were able to restrain themselves more or less for the rezone hearing, but they and their supporters formed “groups” to get more speaking time. Then, individual members of the “groups” spoke, violating the principle the county established for recognizing groups .

Clearly, the SRA does best when surrounded by supporters and friends, but their thin-skinned nature leads them to do some strange things. For example, sometimes the SRA seems immune to common sense. To emphasize that nuclear plants are a good fit with rural areas, we showed pictures of cows grazing a stone’s throw from nuclear plants and Andrea Shipley’s response was to say “the property at issue is not grazed by cows” (actually, cows graze the only adjacent private land). As the SRA well knows, our plant would take up around 200 acres, with the remainder of the 1,300 acre parcel to remain farmland.

To say our plant would “upend surrounding ag uses” is preposterous. For the real story on how our plant would affect the area, see my open letter to the citizens of Hammett at http://www.cleanidahoenergy.wordpress.com. There are plenty of photos of nuclear plants surrounded by hayfields, wildlife habitat, estuaries and near small towns (yes, we’re well aware there are no estuaries in Elmore County).

In the face of our campaign, the SRA says the jobs will never materialize – but the SRA is working as hard as it can to stop the jobs from ever materializing. We’ve already put 100 Idahoans to work and as long as investors continue to fund us, that’s their concern, not the SRA’s. They say we haven’t finalized enough details about our plant, but you know if we had every detail plotted out they’d complain we were being presumptuous. At this stage, we are simply seeking to rezone the land, yet they chide us for not having each and every aspect of our plant finalized.

Speaking of our business, Ms. Shipley breathlessly states the obvious in quoting our SEC report, which says “AEHI has limited funds and such funds will not be adequate to carry out the business plan without borrowing significant funds. The ultimate success of AEHI may depend upon its ability to raise additional capital … and it could fail.” OK, so we openly admit don’t have enough money to build a nuclear reactor and need more investment to build it. So? Utilities, developers, companies and anyone else building anything must seek investment capital as well.

Ms. Shipley is either uneducated about start-up public companies, or she is seeking to misrepresent our funding picture. We are the only publicly owned company in the nation seeking to build an independent nuclear power plant; traditional utilities, for whatever reasons, haven’t constructed enough power plants and we are stepping up to meet the demand. Like any other start-up, we seek investment for what we propose. If we get it, we may succeed, and if we don’t, we fail. Anyone who has run a business, or who is not terribly out-of-touch with business, understands that.

The Snake River Alliance’s contempt for working people is evident in its own site, as well as those of supporters. Among the drawbacks of our plant, according to the SRA’s Jan. 9 news release, would be “thousands of construction workers” in Elmore County (http://tinyurl.com/qxgnm9). I guess if someone has a problem with construction workers, that would be a concern, but to people who are willing to work hard and get something built, it’s an insult. Or, this gem from http://tinyurl.com/p43rar, refers this way to people who came to our table: “To what degree will these curbside applicants feel like darned fools?”

If this is the best the Snake River Alliance can offer, it has grossly underestimated our tenacity, the depth of our support and the necessity of our enterprise.

Ms. Shipley claimed I am “obsessed with counting stickers” but that is the closest she comes to acknowledging the truth: People at the meeting were overwhelmingly supportive of the rezone and the SRA’s vaunted community organizing efforts didn’t produce much in that regard. The best Ms. Shipley can do is to discount our efforts to create jobs and say the jobs won’t come soon enough, or at all, or they won’t be for Elmore residents – while simultaneously doing all she can to stop the jobs from ever coming. Tactically, the SRA was out-hustled, but that in itself means nothing as the ultimate measure of success lies with the Elmore County Commission.

Most valuable are the resumes of hundreds of highly qualified, hardworking Idahoans we collected and hope to call on as soon as we can. They and thousands of other supporters hope we prevail over the SRA and its newfound allies.

Anti-nukes use another two-faced approach when they say nuclear power shouldn’t be pursued because we have no place to store or reprocess the waste, but then they work against storage and reprocessing solutions. It’s worth pointing out Areva is planning for reprocessing of spent nuclear fuel in the US (http://tinyurl.com/pwfblo). The firm recently shared with bloggers its conceptual thinking about a 800 ton/year plant which it says is the answer to apparent end of the Yucca Mountain repository project.

Given the traditional antagonism between environmental groups like the SRA and agriculture, it is not surprising Ms. Shipley is out of touch with ag issues. News alert for Ms. Shipley: Farming in Idaho is largely constrained by the high cost of water, because pumping that water is becoming increasingly expensive. Irrigators currently pay close to 4 cents per kilowatt hour, but Idaho Power is asking for an 11.1 percent increase in that rate. Many farmers spend thousands of dollars a month on power costs. According to the U.S. Energy Information Agency, it costs 1.8 cents to produce a kilowatt-hour of electricity with nuclear power, and that power is produced more than 90 percent of the time (http://tinyurl.com/2pgc8k).

This kind of reliable low-cost power is exactly what high-lift irrigators and other farmers need to stay economically competitive. According to the American Wind Energy Association, wind costs around 5 cents per kilowatt hour (http://tinyurl.com/kyg8u) with federal subsidies – when it’s blowing, which is around 20 percent of the time on average. Ms. Shipley should know business can’t operate under those power terms; we only make it work by importing half our energy for out-of-state coal plants.

It strains belief that Ms. Shipley would claim “Idaho is not out of power … Idaho has ample electricity resources.” Perhaps she should tell that laughable claim to the two major employers who bypassed southern Idaho in 2007 because Idaho Power couldn’t provide electricity! Surely, she is just as disappointed as the rest of us about the loss of those jobs.

The fact that Idaho imports half its energy is proof enough that we need to develop our own dispatchable baseload resources in-state. It’s no secret that Idaho Power hasn’t developed a base-load power plant in Idaho in at least 30 years, choosing instead buying shares in out-of-state coal plants. I really can’t blame them; after getting a taste of the difficulty in developing a power plant, I can see why Idaho Power has evidently given up on new baseload power in Idaho.

That brings me to my next point, which is that energy developers of all kinds are facing a harder time getting anything built, and no advocacy groups are stepping forward to support them. As you read this, dozens of rural landowners want to “curb enthusiasm for” and ultimately kill plans to plant wind turbines and string a green-field power line segment across the northern Laramie Range in Wyoming (http://tinyurl.com/polydc). The Northern Laramie Range Alliance is fighting wind energy, which the Snake River Alliance points to as the future of energy generation.

Something tells me the Snake River Alliance and its allies won’t be showing up to help these wind power developers – or anyone who’s trying to build a power plant.