Alternate Energy Holdings (AEH, trading under AEHI) signed a letter of intent on 1 December 2006, to construct, own, and operate a nuclear power plant near Bruneau, Idaho. The proposed design, GE’s 1500MWe ESBWR, would provide around 300MWe for local farm coop irrigation, with the remainder being sold to the national energy market, particularly to the state of California.

AEH president and CEO Don Gillispie said: “We have been working diligently for months developing a plan to enter the operating market, and Idaho is a wonderful opportunity for us to begin fulfilling our corporate vision.” He told NEI that, subject to a satisfactory hydrolysis report, the company would submit a permitting licence application early in 2007, after which “we’ll have to get into a queue with the Nuclear Regulatory Commission.”

The project would be Idaho’s first large commercial nuclear plant, but Gillispie noted that, at this stage, “there’s a lot to do to get it qualified.”

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