Uninterrupted power supplies. Help!!!!

Guys!

I have corsair AX 1200 psu gold (1200 watts). For the past time we have sudden electricity shut downs.
I believe my computer load is at around 700 watts now.
The highest available (within an adequate price range) ups is a 900 watts uninterrupted power supply.

The question is will a PC with a 1200 watts psu, at a load of 700 watts, work with 900 watts uninterrupted power supply, with out damaging my PC?

P.S. I live in Europe, the voltage here is 220 volts.

Please urgent answer required!!!
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  1. Have you tried a ups with built in battery backup?
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