Here is my answer. I modified some different things I found and came up with this. You cannot execute psse34 because that is not the software package available with PSSExplore34. This code is located in the a folder titled "C:\IEEE39".
import os
import sys
import pdb
sys_path_PSSE=r'C:\Program Files (x86)\PTI\PSSEXplore34\PSSPY27' #or where else you find the psspy.pyc
sys.path.append(sys_path_PSSE)
os_path_PSSE=r'C:\Program Files (x86)\PTI\PSSEXplore34\PSSBIN' # or where else you find the psse.exe
os.environ['PATH'] += ';' + os_path_PSSE
os.environ['PATH'] += ';' + sys_path_PSSE
"""
PYTHONLIB = r'C:\Program Files (x86)\PTI\PSSE34EXplore\PSSLIB'
PYTHONPRM = r'C:\Program Files (x86)\PTI\PSSE34EXplore\PSSPRM'
MODELFOLDER = r'C:\IEEE39'
sys.path.append(PYTHONLIB)
sys.path.append(PYTHONPRM)
"""
import pssexplore34
import pssarrays
import redirect
import dyntools
import bsntools
import psspy
psspy.psseinit(39)
I then moved the pssexplore34.py file to the "C:\IEEE39" folder and commented out the portion of the code that was problematic. I am not sure if this is fool proof, but I am no longer getting the error.
import os, psseloc
_FPTH, _FNAM_EXT = os.path.split(os.path.abspath( __file__ ))
_FNAM, _FEXT = os.path.splitext(_FNAM_EXT)
_PSSE_VRSN = int(_FNAM[-2:])
#EXAM_PATH = psseloc._set_psse_loc(_PSSE_VRSN, Xplore=True)