Mario Veiga Pereira, Dsc

Diretor Fundador
Since his inception at PSR, Mario was the company’s founder in 1987 and CEO until December 2018, when he became Chief Innovation Officer (CINO).

Academic Background
DSc in Optimization – COPPE/UFRJ
MSc in Optimization – COPPE/UFRJ
BSc in Electrical Engineering – PUC-Rio

Professional Experience
In Brazil, he advised most international and local investors on contracting strategies, acquisitions, and investments in new capacity.
He was the main designer of Brazil’s energy contracting auctions (80 GW of new generation capacity contracted since 2005, for approximately US$550 billion).
He co-designed Brazil’s bioelectricity program and developed methodologies for wind energy auctions.
He is a Fellow of the IEEE and a member of the Brazilian Academy of Sciences and the National Academy of Engineering.
He created the methodology for Dual stochastic dynamic programming (SDDP), used in dozens of countries to optimize energy systems. In English, it is called Stochastic Dual Dynamic Programming (SDDP).
He received the Rio Branco Presidential Medal for his contribution to the Brazilian electricity sector; the Scientific Merit Medal for his research contributions; and is a co-recipient of the Franz Edelman Award for the development of stochastic optimization tools for the operation of hydrothermal systems.
He is the author or co-author of four books and approximately 200 articles in international journals.
Recently, in 2021, he was elected to the National Academy of Engineering (NAE) of the United States.