COLUMBIA, Md., Sept. 27, 2021 /PRNewswire/ -- GSE Systems, Inc.
("GSE Solutions" or "GSE" or the "Company") (Nasdaq: GVP) a leader
in advanced engineering and workforce solutions that support the
future of clean energy production and overall decarbonization
initiatives of the power industry, has been awarded a contract to
upgrade the simulators at two Canadian nuclear power plants.
The project includes two major tasks. The first task is to
upgrade several simulator units that already use GSE simulation
technology. GSE will upgrade the system to use its latest version
of simulation software including the SimExec® platform and
JTopmeret® for unit operation simulation, in addition to the
advanced RELAP5-HD® and REMARKTM models for
thermohydraulic and neutronic modeling, respectively. By upgrading
the software, the customer will achieve the latest in simulation
fidelity while ensuring that the systems accurately reflect the
current state of the plant.
The second major task will be to use the new models as the basis
for upgrading four other simulator platforms for other reactor
units at the site. In addition, new balance of plant
models including steam systems, turbine operations, and
electrical networks will be developed by GSE engineers working
integrally with the customer's engineers to incorporate plant
specific design information.
"By upgrading their simulation environment and utilizing
our latest software, the customer will have state-of-art plant
simulators. The customer will leverage these simulators to
understand plant operations and optimization most effectively, as
well as to create sophisticated training scenarios around real
events and operating conditions", said Kyle
Loudermilk, President and Chief Executive Officer of GSE
Solutions. "It is particularly gratifying to achieve this win, our
largest simulation project in nearly two years, and to concurrently
support them with other leading GSE engineering and
optimization services. This is a great example of our customer
leveraging and utilizing the broader GSE portfolio of expertise to
achieve significant value."
The project is estimated to take 24 months to complete with a
total value of roughly CAD $2.0
Million, or $1.6 Million in
USD.
ABOUT GSE SOLUTIONS
We are visionaries, and the
solutions we create now will be at the forefront of the power
industry. GSE Solutions leverages five decades of proven industry
experience to provide unique and essential engineering and
workforce solutions, services and products focused on performance
optimization, regulatory compliance, simulation, training, and
staffing for customers worldwide. As one of the largest independent
companies serving the clean energy sector of nuclear power and
adjacent industries, our solutions support the future of clean
energy production and overall decarbonization initiatives of
the power industry. www.gses.com
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SOURCE GSE Systems, Inc.