GSE Systems, Inc. Awards $2.6 Million Contract for Innovative Technology to Improve Nuclear Plant Operating Certainty
January 22, 2019 at 09:00 am EST
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GSE Systems, Inc. announced that it has been awarded a contract from a major US nuclear operating company to deliver a Data Validation & Reconciliation solution for the utility’s large fleet of nuclear reactors. This current contract is the result of a positive outcome from a pilot project implemented for three nuclear reactors at the utility. GSE will build the models in 2019 with an option to perform further integration in 2020. Data from these models will feed other high-level information systems in use by the utility. VALI is an online DVR application that enhances plant system data quality with regards to coherency, reliability and availability. Use of DVR technology has been adopted in Europe and is taking hold in the US. GSE has an exclusive arrangement with Belsim to utilize the VALI DVR software for power plant applications in the US.
GSE Systems, Inc. is a provider of engineering services and technology, staffing, and simulation software to clients in the power and process industries. Its segments include Engineering and Workforce Solutions. Engineering segment primarily encompasses its power plant high-fidelity simulation solutions, technical engineering services for American Society of Mechanical Engineers programs, power plant thermal performance optimization, and interactive computer-based tutorials/simulation focused on the process industry. It also includes various simulation products, engineering consulting services, and operation training systems delivered across the industries its serves primarily in the nuclear, fossil fuel power generation and the process industries. The Workforce Solutions segment provides specialized, technical talent and specialty services throughout the energy, engineering, and adjacent industries including construction, government, infrastructure, environmental, and manufacturing.