Advancement in electricity is the key ingredient that can actively take part in alleviating poverty and drastically improve the socio-economic status of the people of Bangladesh. The incorporation of renewable energy sources would help the country meet the energy requirement as well as contribute positively towards building a sustainable planet. The paper has extensively discussed the potential aspects of renewable energy resources in Bangladesh and how the Internet of Things can facilitate the implementation of intermittent sources. The regulatory and socio-economic aspects of the renewable energy industry have been explored and sustainable solutions will be discussed to fast-track the process of integrating various renewable energy sources in the power grid to meet the energy demand. The paper discusses the challenges associated with the RE integration in Bangladesh’s power mix and tries to mitigate it through the IoT. Besides that, an RE map for Bangladesh along with prospective power network has also been discussed in this work.

Being one of the fastest-growing economies in the world, Bangladesh needs to upgrade its electrical network and aim to reduce dependency on fossil fuel-based energy. For the aging and ever-expanding power network, it is necessary to have a smart substation in order to provide reliable, affordable, and sustainable electrical power. As Bangladesh is looking to integrate Distributed Generation (DG) in the power system, it is high time to think about integrating a smart distribution substation into its power network. In this paper, an investigation of the current power generation structure of Bangladesh was conducted and is described. The major focus was given to the upgradation of the existing substation and distribution setup of Bangladesh by providing suitable architectures, technologies, and communication protocols. Detailed studies of Bangladesh’s prospects to incorporate the new technology and renewable energy into its power network are discussed. ETAP was used to simulate the prospective system to show the feasibility of the prospective smart distribution substation in Bangladesh’s power network.