South Korea revises down reliance on nuclear power to 29% by 2035

SEOUL (Reuters) - South Korea said on Tuesday it has revised down its future reliance on nuclear power to 29 per cent of the country's total power supply by 2035, from a planned 41 per cent by 2030.

The proposed cut is the least stringent reduction of a range of figures suggested last October by a public advisory group, following public anger over a corruption scandal in the industry and in the wake of Japan's Fukushima disaster.

Asia's No.4 economy has 23 nuclear reactors, which supply about a third of its electricity. The country's nuclear power reliance stood at 26 per cent as of the end of 2012.

The Energy Ministry unveiled an energy policy draft in early December looking at a reduction in the future reliance on nuclear power, although the government said nuclear power had a role to play and its capacity would not be drastically slashed or expanded.

The study group advised that Seoul should reduce its reliance on nuclear power to between 22 and 29 per cent of the country's total power supply.

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