A Dynamic Study on Energy Forecasts and The Potential of Renewable Energy Sources S. M. Noman 1 Dept. of Electrical and Electronic Engineering Daffodil International University Dhaka, Bangladesh Email: noman33-340@diu.edu.bd Imrus Salehin 2 Dept. of Computer Science and Engineering Daffodil International University Dhaka, Bangladesh Email: imrus15-8978@diu.edu.bd Mohammad Mahedy Hasan 3 Dept. of Electrical and Electronic Engineering Daffodil International University Dhaka, Bangladesh Email: mohammad33-3695@diu.edu.bd Baki-Ul-Islam 4 Dept. of Electrical and Electronic Engineering Pabna University of Science and Technology Pabna, Bangladesh Email: bakiulislamameel@gmail.com Obaidul Haque 5 Dept. of Electrical and Electronic Engineering Daffodil International University Dhaka, Bangladesh Email: obaidul33-332@diu.edu.bd Ifranul Haque 6 Dept. of Electrical and Electronic Engineering Daffodil International University Dhaka, Bangladesh Email: Ifranul33-384@diu.edu.bd Abstract— With developing countries, energy demand has been rapid over the years. Bangladesh contributes just 5% of the entire energy ratio in a proportion of renewable energy, and desire to 10% of the year 2025. Bangladesh is based on imported fossil fuel, which is quite expensive and uses natural gas for about 65% of energy production. Bangladesh is fortunate to have a small amount of fossil fuel, i.e., natural gas assets, but these are not adequate to meet the desired robust growth for glorious achievements in the government and non-government sectors. The sustainable power source is a key segment for improvement and has just made significant track in succeeding the greater part of the nation's power request; both in Urban and Rural territories. The motivation behind this study is to analyse energy forecasting for upcoming days and the potential of alternative renewable energy sources to assimilate a comparison in the general diagram of the power utilization of Bangladesh from a global perspective. Anticipating the future demand and looking at the competent outcomes of renewable energy may make urgency among the developing countries to satisfy the high future need for clean energy. In this article, we have focused our attention on the examination of sustainable power sources and the potential outcomes for future energy. Keywords - Renewable Energy, Energy Demand, Energy Production, Forecasting, Linear Regression I. INTRODUCTION The normal outgrowth of Bangladesh with an annual 7% plus Gross Domestic Product (GDP) over the last twenty years and new additions of other socio-economic factors is significant and regarded by numerous global literary organizations. As of October 2021, the Bangladesh utility electricity sector has single power grid with an installed capacity of 22,031 megawatts (MW). The total generation capacity is 20,934 MW. That, however, is not enough. Government and non- governmental organizations, by 2021, have taken significant oaths and measures to ensure sustainable energy output and supply to and entrance. Plenty of policies have been drafted to cope with the challenges in the energy sector. The administration wants earnestly to grow a critical segment of Renewable Energy (RE) commitment in the national grid, such extension must be accomplished if key difficulties including the RE ventures are appropriately addressed [1]. Electricity has been demonstrated to be important for a nation to make a positive impact on economical enhancement. In this modern era, electricity is most costly and insufficient for isolated areas to their geographical impregnability. In this case, people are used high-cost diesel generators for their electrification source of energy. [2]. Extending the target in the power division can be done cost-effectively by clean renewables and energy productivity, which minimize the emission level of ozone- damaging pollutants, enhance human well-being by reducing air pollution. The benefits of expanding clean energy, as indicated by a study from the Low Emission Growth Strategies Global Partnership (LEDS GP) based on research. Renewable energies today help the United States save roughly 70 million metric tons of carbon emissions annually that would have been released if electricity had been generated with fossil fuels. During the period of research and development investment by industry and government in the US Department of Energy, rapid advancement in the expense, performance, and durability of renewable energy systems have occurred (DOE). Renewable energy technologies will meet the increased worldwide energy demands therefore in a way, contributing 30–50% of global energy by 2050 [3]. In this research, we have observed the energy forecasting by the linear equation to raise energy demand and generation for upcoming challenges with overcome solutions from alternative renewable sources. II. RELATED WORK Qazi et al, in their study, worldwide energy crises are managed by integrating renewable energy. They review more 2022 IEEE Delhi Section Conference (DELCON) | 978-1-6654-5883-2/22/$31.00 ©2022 IEEE | DOI: 10.1109/DELCON54057.2022.9753136 2022 IEEE Delhi Section Conference (DELCON) | 978-1-6654-5883-2/22/$31.00 ©2022 IEEE | DOI: 10.1109/DELCON54057.2022.9753136 Authorized licensed use limited to: Pabna University of Science & Technology. Downloaded on May 21,2022 at 03:21:04 UTC from IEEE Xplore. Restrictions apply.