The citric acid cycle (Krebs cycle or TCA cycle) is an important metabolic pathway that generates energy through the oxidation of acetyl-CoA derived from carbohydrates, fats, and proteins. It occurs in the matrix of mitochondria and involves 8 steps where acetyl-CoA derived from pyruvate combines with oxaloacetate to form citrate. As the citrate undergoes oxidation, NADH, FADH2, and GTP are produced, leading to the generation of 12 ATP per acetyl-CoA molecule. The cycle regenerates oxaloacetate and continues.