This paper reviews different types of capacitors and auxiliary source circuit topologies and presents an introduction to control strategies used for circuit applications reducing DC-BUS capacitance. The paper argues in favor of replacing bulky electrolytic capacitors in capacitor-supported power electronic systems with auxiliary source circuits. DC-BUS capacitors are widely used in grid-tied power converters (rectifiers) and utilized for power balance, voltage ripple limitation, and short-term energy storage. The electrolyte capacitor is the Achilles heel of any rectifier and power converter due to its higher rate of failure than other circuitry components. Auxiliary source circuits are key components to qualitatively improve the reliability of the DC links, where they divert the instantaneous pulsating power into extra reliable storage components. Unlike previous work, this review serves to provide a clear picture of an auxiliary source circuit design, in favor of optimal solution selection according to the specific application. Therefore, energy storage components (capacitors), topologies, and control strategies of auxiliary source circuits are comprehensively reviewed in this paper. Additionally, detailed explanations, comparisons, and discussions of auxiliary source circuits are offered.