Public Policies for Renewable Energy: A Review of the Perspectives for a Circular Economy

Abstract

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.