SOEs for a New Renewable Energy Regulatory Framework: What Constraints under WTO Law? - Journal of World Trade View SOEs for a New Renewable Energy Regulatory Framework: What Constraints under WTO Law? by - Journal of World Trade SOEs for a New Renewable Energy Regulatory Framework: What Constraints under WTO Law? 59 6

State intervention in the economy can significantly influence the development of the renewable energy (RE) sector. Historically, this role has been fulfilled by state-owned Enterprises (SOEs), which continue to dominate energy production and distribution despite privatization processes. Economic theory suggests that SOEs could drive the green energy transition by implementing RE policies, a view reinforced by recent government initiatives linking SOEs to decarbonization efforts. However, the regulatory and economic advantages that SOEs often enjoy due to their links with the government can endanger competition and potentially set back the transition process.

Against this backdrop, this paper examines key WTO law provisions that may apply to the use of state ownership in economic actors to promote the development of the RE sector. The objective is to assess whether the existing WTO legal framework may limit or support the use of SOEs for RE purposes to achieve a green energy transition. The study suggests that while WTO law does not explicitly prohibit Members from employing SOEs to promote RE development, significant legal ambiguities persist regarding their activities as trade-related tools for decarbonization. The paper concludes with recommendations to enhance clarity and encourage the use of WTO mechanisms to support innovation and trade-related climate solutions.

Journal of World Trade