IEEE PES International Conference on Innovative Smart Grid Technologies Middle East - ISGT Middle East 2025, Dubai (United Arab Emirates). 23-26 November 2025
Summary:
The concept of the Renewable-only Virtual Power Plant (RVPP) provides a solution for aggregating multiple dispatchable and non-dispatchable renewable sources for market participation while capturing the uncertainties of stochastic units. However, technical and regulatory barriers associated with portfolio bidding in markets often prevent or limit their full integration and participation. This paper investigates the effects of different aggregation strategies imposed by market regulations on the profitability of RVPP. Simulation results compare different energy and reserve markets mechanisms, taking into account uncertainties related to non-dispatchable RVPP units and electricity prices.
Spanish layman's summary:
Una Central Eléctrica Virtual solo Renovable (RVPP) une fuentes renovables como la eólica y la solar para vender electricidad en conjunto. Este estudio analiza cómo las reglas del mercado influyen en la rentabilidad de las RVPP.
English layman's summary:
A Renewable-only Virtual Power Plant (RVPP) combines different renewable sources, like wind and solar, to trade electricity together. This study explores how market rules for grouping units affect the profitability of RVPPs.
Keywords: Renewable-only virtual power plant, unit aggregation, electricity market, market regulation.
DOI: 
https://doi.org/10.1109/ISGTMiddleEast65737.2025.11314449
Published in: ISGT Middle East 2025: Conference proceedings, pp: 1-5, ISBN: 979-8-3315-3740-1
Publication date: 02-Jan-2026.
Citation:
H. Nemati, P. Sánchez, L. Sigrist, L. Rouco, A. Ortega, "Optimizing RVPP Bidding Strategies in Energy and Reserve Markets Under Different Regulations", presented at IEEE PES International Conference on Innovative Smart Grid Technologies Middle East - ISGT Middle East 2025, Dubai, United Arab Emirates, 23-26 November 2025. In: ISGT Middle East 2025: Conference proceedings, pp. 1-5, doi: 10.1109/ISGTMiddleEast65737.2025.11314449
IIT-25-283C
