Sources such as solar and wind energy are intermittent, and this is seen as a barrier to their wide utilization. The increasing grid integration of intermittent renewable energy sources generation significantly changes the scenario of distribution grid operations. Such operational challenges are minimized by the incorporation of the energy storage system, which plays an important role in improving the stability and the reliability of the grid. This study provides the review of the state-of-the-art in the literature on the economic analysis of battery energy storage systems. The paper makes evident the growing interest of batteries as energy storage systems to improve techno-economic viability of renewable energy systems; provides a comprehensive overview of key methodological possibilities for researchers interested in economic analysis of battery energy storage systems; indicates the need to use adequate economic indicators for investment decisions; and identifies key research topics of the analyzed literature: (i) photovoltaic systems with battery energy storage systems for residential areas, (ii) comparison between energy storage technologies, (iii) power quality improvement. The last key contribution is the proposed research agenda.

The development and implementation of public policies towards renewable energies are crucial in order to address the contemporary challenges faced by humanity. The 3Rs (reduce, reuse, and recycle), as a circular economic practice, are often cited as one of the best solutions for sustainable development. Therefore, this study analyzed public policies for renewable energy from the perspective of the circular economy. Accordingly, a systematic review of the literature was carried out with respect to the beneficiaries and convergences of circularities, with a focus on public policies for renewable energies. The sample had public policies classified into three types (distributive, redistributive, and regulatory policies). The results showed that the first studies began in 1999, with a significant increase in publications during the 2010s, in which Germany was the country with the greatest contribution. The analyses associated with space showed the countries committed to the use of renewable energies and the 3Rs of the circular economy to reduce greenhouse gas emissions. The economic analyses revealed that the circular economy for the generation of renewable energy has a positive economic return in terms of social well-being and the mitigation of environmental degradation. There is a barrier to the circular economy’s development posed by the cost of its implementation in the private sector and the resistance to raising awareness in society, requiring strong public sector engagement in decision making and the constant evaluation of public policies. It is concluded that the circular economy facilitates more efficient, productive structures and public policies, promoting alternatives for energy security and sustainability for the world energy matrix.

The introduction of environmental impact targets around the world has highlighted the need to adopt alternative sources of energy, which can supply the demand and mitigate the damage caused to the environment. Solar energy is one of the main sources of alternative energy, and is considered an abundant source of clean energy. However, to facilitate and encourage investors interested in the installation of photovoltaic energy systems for electricity production, it is essential to evaluate the factors that impact the economic viability of the projects. Therefore, the objective of this research is to present a systematic analytical framework, in order to identify and analyze the main factors that impact the financial feasibility of projects for the installation of photovoltaic energy plants. For this purpose, a systematic literature review was carried out, analyzing the main studies related to the topic and identifying the main factors that may financially affect investments in photovoltaic energy systems. From this review, 29 influencing factors were identified and separated into five categories, namely, location, economic, political, climatic and environmental, and technical factors. The main factors highlighted are the investment cost, power generation, operation and maintenance costs, solar radiation, lifetime, energy tariff, efficiency, electricity consumption, and interest and taxes. The results may assist policy makers, investors, researchers, and other stakeholders to identify the key factors that are being examined in the literature, and to evaluate which ones should be considered in their study to ensure the sustainable development of power generation through the solar source.