This study employs traditional OLS (ordinary least squares) regression analysis to investigate the influence of various external factors on Bitcoin price fluctuations from January 2014 to March 2023 using a multidimensional approach. We use factors from the traditional financial market, such as economic policy uncertainty (EPU), oil prices, the NASDAQ index, and gold prices, to identify factors contributing to Bitcoin volatility. Considering the unique situation in the Bitcoin market, that is, 24-hour trading and the short duration of its existence, we incorporate the broadest possible data range to achieve alignment between Bitcoin data and other datasets. The findings of the statistical analysis indicate that EPU and the NASDAQ index promote positive fluctuations in Bitcoin volatility, whereas gold prices act as a dampener. However, we find no empirical support for the influence of energy prices on Bitcoin volatility. These results suggest that Bitcoin should not be underestimated; all stakeholders should treat the issue of Bitcoin volatility seriously, including governments, who should actively regulate the Bitcoin market, and investors, who should recognize the dangers of this volatility, making rational decisions based on individual circumstances and employing flexible trading strategies.

Accurate forecasting of wind power generation plays a key role in improving the operation and management of a power system network and thereby its reliability and security. However, predicting wind power is complex due to the existence of high non-linearity in wind speed that eventually relies on prevailing weather conditions. In this paper, a novel hybrid deep learning model is proposed to improve the prediction accuracy of very short-term wind power generation for the Bodangora Wind Farm located in New South Wales, Australia. The hybrid model consists of convolutional layers, gated recurrent unit (GRU) layers and a fully connected neural network. The convolutional layers have the ability to automatically learn complex features from raw data while the GRU layers are capable of directly learning multiple parallel sequences of input data. The data sets of five-minute intervals from the wind farm are used in case studies to demonstrate the effectiveness of the proposed model against other advanced existing models, including long short-term memory (LSTM), GRU, autoregressive integrated moving average (ARIMA) and support vector machine (SVM), which are tuned to optimise outcome. It is observed that the hybrid deep learning model exhibits superior performance over other forecasting models to improve the accuracy of wind power forecasting, numerically, up to 1.59 per cent in mean absolute error, 3.73 per cent in root mean square error and 8.13 per cent in mean absolute percentage error.

Although energy management of a microgrid is generally performed using a day-ahead scheduling method, its effectiveness has been questioned by the research community due to the existence of high uncertainty in renewable power generation, power demand and electricity market. As a result, real-time energy management schemes are recently developed to minimise the operating cost of a microgrid while high uncertainty presents in the network. This paper develops modified particle swarm optimisation (MPSO) algorithms to solve optimisation problems of energy management schemes for a community microgrid and proposes a scheduling approach after taking into consideration high uncertainty to effectively minimise the operational cost of the microgrid. The optimisation problems are formulated for real-time and scheduling approaches, and solution methods are developed to solve the problems. It is observed that the scheduling program demonstrates superior performance in all the cases, including uncertainty in prediction, as compared to the other energy management approaches, although solutions have significant deviations due to prediction errors.

Although microgrids facilitate the increased penetration of distributed generations (DGs) and improve the security of power supplies, they have some issues that need to be better understood and addressed before realising the full potential of microgrids. This paper presents a comprehensive list of challenges and opportunities supported by a literature review on the evolution of converter-based microgrids. The discussion in this paper presented with a view to establishing microgrids as distinct from the existing distribution systems. This is accomplished by, firstly, describing the challenges and benefits of using DG units in a distribution network and then those of microgrid ones. Also, the definitions, classifications and characteristics of microgrids are summarised to provide a sound basis for novice researchers to undertake ongoing research on microgrids.

Real-time energy management of a converter-based microgrid is difficult to determine optimal operating points of a storage system in order to save costs and minimise energy waste. This complexity arises due to time-varying electricity prices, stochastic energy sources and power demand. Many countries have imposed real-time electricity pricing to efficiently control demand side management. This paper presents a particle swarm optimisation (PSO) for the application of real-time energy management to find optimal battery controls of a community microgrid. The modification of the PSO consists in altering the cost function to better model the battery charging/discharging operations. As optimal control is performed by formulating a cost function, it is suitably analysed and then a dynamic penalty function in order to obtain the best cost function is proposed. Several case studies with different scenarios are conducted to determine the effectiveness of the proposed cost function. The proposed cost function can reduce operational cost by 12% as compared to the original cost function over a time horizon of 96 hours. Simulation results reveal the suitability of applying the regularised PSO algorithm with the proposed cost function, which can be adjusted according to the need of the community, for real-time energy management.

This paper introduces a structured design for an effective power-sharing technique among converter-interfaced distributed generation (DG) units within a microgrid that operates without a synchronous generator. The proposed power-sharing technique leverages the battery energy storage system (BESS) to promptly respond to network changes. The real power output of each commercial distributed energy resources (CDER) unit is governed by a frequency-droop characteristic and a complementary frequency restoration strategy. Deloading techniques are employed by solar and wind power generators to enhance response during power supply or demand disturbances. To ensure microgrid stability, small-signal analysis is conducted for controller design, including the determination of stability margins. Initial tuning of the power-sharing technique parameters is achieved using the Ziegler-Nichols Method, followed by further optimization through a meta-heuristical algorithm to enhance the response time of energy sources. The proposed power-sharing technique's performance is evaluated on a benchmark medium voltage network using industry-standard commercial software. The test results demonstrate the precise and rapid power-sharing capabilities among DGs facilitated by the proposed technique, highlighting its effectiveness in dynamic microgrid environments.

The abrupt increase of the electric vehicles in Bangladesh needs huge amount of power. As a result, alternative energy sources are emphasized due to limited fossil fuels in order to develop a sustainable energy sector with environment friendly resources. Bangladesh has an enormous potential in the field of renewable resources like biogas and biomass. This paper presents 20 kW electric vehicle charging station (EVCS) utilizing biogas resources where maximum energy requirement is 100 kWh. In this paper, the biogas based EVCS is designed using MATLAB Simulink and HOMER software. Daily 15-20 electric vehicles can be recharged their batteries using the proposed charging station. The proposed system offers lower cost of energy compared to the grid electricity. Moreover, the proposed charging station shows 68.75% reduction in CO₂ emission than grid based charging station. In addition, the proposed EVCS will save monthly $ 16.25 and $ 27.50 respectively for easy bike and auto rickshaw type electric vehicles in Bangladesh.

In this paper, a multi-operator differential evolution algorithm (MODE) is proposed to solve the Optimal Power Flow (OPF) problem and is called MODE-OPF. The MODE-OPF utilizes the strengths of more than one differential evolution (DE) operator in a single algorithmic framework. Additionally, an adaptive method (AM) is proposed to update the number of solutions evolved by each DE operator based on both the diversity of population and quality of solutions. This adaptive method has the ability to maintain diversity at the early stages of the optimization process and boost convergence at the later ones. The performance of the proposed MODE-OPF is tested by solving OPF problems for both small and large IEEE bus systems (i.e., IEEE-30 and IEEE-118) while considering the intermittent solar and wind power generation. To prove the suitability of this proposed algorithm, its performance has been compared against several state-of-the-art optimization algorithms, where MODE-OPF outperforms other algorithms in all experimental results and thereby improving a network's performance with lower cost. MODE-OPF decreases the total generation cost up to 24.08%, the real power loss up to 6.80% and the total generation cost with emission up to 8.56%.

This study addresses the pressing energy constraints in nations like Bangladesh by proposing the implementation of photovoltaic (PV) microgrids. Given concerns about environmental degrada-tion, limited fossil fuel reserves, and volatile product costs, renewable energy sources are gaining momentum globally. Our research focuses on a grid-connected solar PV system model at Char Jazira, Lalpur, Natore, Rajshahi, Bangladesh. Through PVsyst simulation software, we assess the performance ratio (PR) and system losses, revealing an annual solar energy potential of 3375 MWh at Standard Test Condition (STC) efficiency. After considering losses, the system generates 2815 MWh annually, with 2774 MWh exported to the grid. We analyze an average PR of 78.63% and calculate a levelized cost of energy (LCOE) of 2.82 BDT/kWh [1 USD = 110 BDT]. The financial assessment indicates a cost-effective LCOE for the grid-connected PV system, with an annual gross income of 27744 BDT from selling energy to the grid and operating costs of 64060.60 BDT/year. Remarkably, this initiative can prevent 33074.061 tCO2 emissions over the project’s 25-year lifespan.

Irrigation and fertilizer are two essential factors affecting rice root traits and yield. In this respect, a pot experiment was performed at the boro (dry season irrigated) season of 2021-22 in the Department of Agronomy of Bangladesh Agricultural University, Mymensingh, Bangladesh. The variety Binadhan-10 was planted at two irrigation conditions i.e. saturation (S) and continuous flooding (CF); two potassium (K) dose e.g. 65 kg ha-1 (K65) and 98 kg ha-1 (K98) and two nitrogen (N) dose i.e. 140 kg ha-1 (N140) and 210 kg ha-1 (N210). The experiment was laid in split plot design and replicated thrice. The findings confirmed the effectiveness of irrigation, K and N on root number (RN), root length (RL), root volume (RV), leaf area index (LAI), total dry matter (TDM), yield attributes and yield. Considering interaction among irrigation, K and N, S condition with K65 and N140 showed best performance. At 80 DAT, the highest RN (373.00), RL (1700.00 cm), RV (8.90 cm3 hill-1), LAI (4.94) and TDM (25.83 g plant-1) was obtained from this combination. Grain yield (GY) and root traits except root porosity, showed a significant positive association. Grain yield (GY) was highest (27.12 g pot-1) in S condition with K65 and N140.