Alternate Energy Holdings' (AEHI) Proposed Idaho Nuclear Plant Considers Co-Generation to Produce Ethanol
Posted on: Thursday, 14 December 2006, 09:00 CST
Alternate Energy Holdings (PINKSHEETS: AEHI) announced consideration of incorporating co-generation at its proposed nuclear power plant to produce ethanol. The proposed plant -- which would be located near Bruneau, Idaho -- was originally requested by the Rural River Co-op to assist with local farmers' irrigation needs. Subject to regulatory approval, AEHI is considering further involvement in the Idaho agricultural community, primarily by using surplus heat from the plant to lower the high cost of producing bioethanol from locally grown grain. Thermal integration with an ethanol biorefinery for production of renewable fuels will also reduce the amount of water required for routine operations of the power plant. Furthermore, local production of biofuels will reduce Idaho's dependence on importing fossil fuels and lower fuel costs for residents.
The concepts of efficient plant process by-product use -- including producing livestock with distiller's grains, generating methane from animal waste and innovative crop production -- are currently in discussion with Mr. Rod Stucker of RM Enterprises LLC, a Boise-based agricultural and ethanol consultant who has developed patent-pending technology for various aspects of his Integrated Biorefinery Ag Park Complex. All of the technologies are environmentally friendly and reduce greenhouse gas emissions, which qualify for International carbon credits.
President and CEO Don Gillispie, owner of a small cattle farm in Virginia, states that he would like to see this nuclear plant be of specific benefit to Idaho farmers who, like the majority of Americans, struggle with high energy costs of today.
About Alternate Energy Holdings, Inc.
Alternate Energy Holdings actively develops and markets innovative clean energy sources to reduce dependence on foreign energy sources. Current projects include a bioethanol additive to reduce the cost of natural gas energy production, lightning harvesting technology for electricity and coal to diesel fuel.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties.
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SOURCE: Alternate Energy Holdings, Inc.
Source: MARKET WIRE
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