Finning reports ‘sharp rise’ in back-up generator demand amid winter power cut fears

FINNING, the distributor of Cat power systems in the UK and Ireland, has announced it has seen a 35% rise in demand for its back-up generators with customers from the data centre, construction and healthcare industries concerned about the risk of winter power cuts.

The UK Government’s department for business, energy and industrial strategy recently shared its ‘reasonable worst-case scenario’ that the UK would likely face an electricity shortfall this winter that could result in days of power cuts.

Finning has now reported a ‘sharp rise’ in demand for the purchase and rental of back-up power generators as its customers make plans to mitigate the risk and ensure energy resilience and continuity.

Kelly Cole, general manager for Finning Energy & Transportation, said, “We work across many industries, where continuity of power is crucial, and any the loss of power, even for a short time, can be catastrophic and extremely costly. We’ve seen a sharp rise in calls from customers looking to buy and rent additional back-up power systems in case of any loss of power capacity in the grid.

“This shows that the business/industrial sectors are taking the risk extremely seriously indeed, and investing in additional systems now, in case the risk becomes a reality.

“The sales of generators have increased by almost a quarter (24%) compared with 2021, and revenue from the rental of power equipment is already up 12.5% on last year. In addition, quotes for rental machines have increased by almost 20% compared with 2021.

“What we’re seeing is a shift in our rental customers behaviour in that they are starting to plan further ahead than they normally would, and this is undoubtedly due to the risk of power shortages and the increase in news on the topic.”