Regional Coordination Group on Economic Issues: RCG ECON 2025 Annual Technical Meeting Report

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The Regional Coordination Group on Economic Issues (RCG ECON) was established in 2021 as an expert
group to assist the Commission in implementing the Data Collection Framework (DCF), which concerns the
collection, management, and use of data in the fisheries sector, as well as providing support for scientific advice
regarding the Common Fisheries Policy. This was the fourth annual RCG ECON meeting organised.
The RCG ECON 2025 meeting was held from 12th to 15th of May in Vigo with the option to join online through
the Teams virtual meeting platform. A total of 71 experts (Annex I) representing 23 Member States (MSs),
Joint Research Centre, DG MARE and ICES. Of those, 32 attended the meeting in person in Vigo, and an
additional 39 joined via the Teams platform.
The meeting agenda included the reporting of the ISSGs that took place during the previous year: Exploring
Options for Data Collection for New Social Variables and ISSG Methodological Issues. The discussion started
in the ISSG on new social variables continued during the ISSG methodological issues where it was held under
a specific ToR. The meeting on methodological issues covered a wide range of ToRs crucial for the RCG
ECON group. Under the ToR valuation of capital, the main conclusions and recommendations that took place
in the ISSG Methodological issues were presented. Specifically, given the lack of a standardised method in the
EU for valuing intangible assets, it is recommended where possible to collect and compare data from multiple
sources regularly. Combining market price methods with the discounted cash flow method (DCFM) analysis
can improve accuracy. Hedonic regression using second-hand vessel prices offers additional insights,
particularly for non-tradeable rights, by isolating the value of embedded licenses and/or quotas. It is also
suggested to further investigate the use of the average economic results for the last five years when calculating
the prices using the DCFM, to take into account variation in gross profit.
Under ToR related to the energy transition of fisheries and aquaculture, the detailed discussion that took place
in the ISSG Methodological issues meeting was presented. The main objective was to recommend ways to
monitor this transition through the existing Data Collection Framework (DCF). RCG ECON recommended
that the end users (EC and STECF) are to provide feedback on i) whether the suggested activities to cover
the end users' data on energy consumption in fisheries and aquaculture align with their needs to monitor
energy transition in fisheries and aquaculture and ii) if additional actions are needed to increase knowledge on
energy consumption, and the link with energy consumption and emissions. This should be done before MSs
take action. Moreover, MSs will start gathering data on fuel use in fisheries of various fuel types as specified in
Regulation (EU) 2023/1805 on using renewable and low-carbon fuels in maritime transport from 2026. As the
vessel's fuel, consumed during steaming and fishing activities, is by far the most critical energy source in
fisheries, the vessels' fuel consumption is used as a proxy for energy consumption. As some MSs need time to
alter their data collection plans, this additional data collection is voluntary. For the sake of completeness, it
has to be stated that Regulation (EU) 2023/1805 itself excludes “fish-catching or fish-processing ships” from
the obligation to collect data but is used here as a reference for the specification of fuel types.
Regarding aquaculture under the same ToR on energy transition, and on the condition that feedback is
provided from the EC, the MSs will start gathering data on the use of energy of various energy types as specified
in Regulation (EU) 2023/1805 on using renewable and low-carbon fuels from data collection year 2026. Due
to the complexity of the issues, MSs may implement this through adding a question to their standard
questionnaire asking the operators to what extent they use renewable energy sources in their companies. As
some MSs need time to alter their data collection plans, this additional data collection is voluntary.
Oorspronkelijke taalEngels
Aantal pagina’s53
PublicatiestatusGepubliceerd - sep.-2025

Trefwoorden

  • S196-sociale-economie

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