A wide variety of nonlinear phenomena, such as bifurcation and chaos, have been observed in power electronics converters. Much research has been conducted on these behaviours in different converter topologies. The buck converter is known to exhibit chaotic behaviour in a wide parameter range, giving rise to unstable behaviours depending on the circuit parameters values. This paper investigates this bifurcation behaviour by varying the parameters of a voltage PI (Proportional Integral) controlled buck converter operating in continuous conduction mode, using a continuous-time model and constant frequency control signal. Furthermore, a novel and improved version of the PI compensation technique, designed using the multi-objective grey wolf optimiser (MOGWO), is proposed to stabilise the buck converter from chaotic state to periodic orbit.