GSE Systems awarded $800K contract

GSE Solutions announced it was awarded a new contract in partnership with a nuclear fuels, technology and services supplier to support a large US-based utility with new engineering program services supporting a 24-month fuel cycle operation project. The shift to 18- to 24-month fuel cycles results in fewer plant outages and provides utilities with improved fuel reliability and operating margin without adopting additional initiatives, such as higher burnup and enrichment levels. The project involves a tailored approach to achieving 24-month fuel cycles for a prominent nuclear generating station, where refueling is a critical step in maintaining operational efficiencies and major cost savings. This award is through a longtime, broad GSE partnership with the provider, valued at approximately $800K. The contract agreement includes GSE management of several complex engineering programs delivered directly to the nuclear power plant.