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If prices rise above $30 per MWh in Europe, it reckons, its plants cannot survive.
It says it will shut its plants at that point.
It will also sell its plants in Wisconsin and Louisiana and its UK petrol station network.
Chrysler has just said it will shut all its plants in the first half of January.
"It has very low rent on its plants".
It has meticulously dissected the river banks near its plants.
In its statement, Coca-Cola said it had called on the government to protect its plants and offices.
Nokia spotted the problem early because it closely monitors the flow of chips to its plants.
Its plants are run efficiently, which is why it can cut prices.
It also announced a deal to manufacturer ARM designs in its plants.
It does not expect to receive dealer orders or reopen its plants until the bankruptcy is concluded.
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