Responding to the Energy Security Crisis in Ukraine and Europe (RESCUE) Act of 2023

This bill authorizes $1.88 billion to support Ukraine's energy sector reconstruction and help European countries reduce dependence on Russian energy. It provides funding for rebuilding Ukraine's damaged energy infrastructure, technical assistance for grid modernization, and support for European nations to diversify energy sources away from Russian supplies. The bill includes requirements for certifications regarding Ukrainian energy company governance and anti-corruption measures, while also addressing environmental remediation needs from war damage and nuclear safety concerns at Ukrainian power plants. Funding is allocated with $1.1 billion for Ukraine's energy sector and $500 million for European energy diversification efforts. The legislation emphasizes coordination with international partners and requires regular reporting to Congress on how these programs benefit U.S. energy suppliers and manufacturers.