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Mitochondria are known as the powerhouse of the cell because they contain enzymes that are needed for stepwise oxidation of food stuffs (carbohydrate, fats and lipids) present â¦ in the cells to CO2 and water. Oxidation of food releases energy which is used to form high energy ATP (adenosine triphosphate) molecules.he organelle that serves as the powerhouse of the cell is the  Mitochondria. Mitochondria are tiny organelles inside cells that  are involved in releasing energy from food, â¦ also known as cellular  respiration. Answered. In Genetics.
Report Abuse. Mitochondria is known as powerhouse of cell because the major part of cellular respiration occurs in it, thereby maximum amount of ATP is generated there. This ATP is the energy provider to all the major/minor vital biological functions. ATP is called the energy/power currency of the cell.