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The Senate Committee on Finance convenes to deliberate on the proposed Fiscal Year 2026 budgets for the Department of Energy (DOE) and its key attached agencies and corporations. Headlines: Hearing Start & ERC Presentation: Energy Regulatory Commission (ERC) discusses budget utilization and rate reset processes. NEA Presentation: National Electrification Administration (NEA) presents accomplishments, electrification status, and 2026 budget proposal. NPC Presentation: National Power Corporation (NPC) details its mandates, accomplishments in missionary electrification and watershed management, and 2026 budget. PNOC Presentation: Philippine National Oil Company (PNOC) outlines its financial performance, proposed 2026 budget, and new "de-risk to equity" strategy. PNOC EC Presentation: PNOC Exploration Corporation (PNOC EC) provides updates on petroleum service contracts, including Malampaya, and its 2026 indicative budget. PNOC RC Presentation: PNOC Renewables Corporation (PNOC RC) gives a brief on its accomplishments and upcoming deactivation. PSALM Presentation: Power Sector Assets and Liabilities Management Corp. (PSALM) reports on privatization efforts, liability management, and its 2026 budget. Senator Pia Cayetano Q&A: Focus on high power costs, renewable energy project timelines, and nuclear energy progress. Senator Francis Tolentino Q&A: Discussion on dependable capacity vs. consumption, system loss, and lifeline rates. Senator Win Gatchalian Q&A: Inquiries into DOE programs, NGCP reset and project delays, NEA's unliquidated subsidies, and PNOC's new investment models. Senator JV Ejercito Q&A: Questions on amending the EPIRA law, national security concerns with NGCP, and updates on baseload power plants. Final Agency Requests & Adjournment For more ABS-CBN News videos, click the link below: • ABS-CBN News For more News Digital News Raw Cuts, click the link below: • News Digital Raw Cuts OLD For more Breaking News & Live Coverage videos, click the link below: • Breaking News & Live Coverage For more latest news and analysis from ABS-CBN News videos, click the link below: • The latest news and analysis from ABS-CBN ... Subscribe to the ABS-CBN News channel! - http://bit.ly/TheABSCBNNews Watch full episodes on iWantTFC for FREE here: http://iwanttfc.com Visit our website at http://news.abs-cbn.com Facebook: / abscbnnews Twitter: / abscbnnews Instagram: / abscbnnews #SenatePH #DOEBudget #2026Budget #PhilippineSenate #ABSCBNNews