Carnitine palmitoyltransferase I (CPT I) is an enzyme located on the outer mitochondrial membrane that plays a critical role in the transport of long-chain fatty acids into mitochondria for beta-oxidation. This enzyme catalyzes the conversion of acyl-CoA to acylcarnitine, allowing fatty acids to cross the mitochondrial membrane. The activity of CPT I is essential for efficient fatty acid degradation and is closely linked to lipid metabolism and energy production in the body.