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A high load factor is crucial as it indicates efficient utilization of resources, particularly in industries such as transportation and energy. In the context of airlines or public transport, it reflects a higher percentage of seats filled, leading to increased revenue and reduced operational costs per passenger. In energy production, a high load factor signifies consistent demand and optimal use of power plants, minimizing waste and improving overall efficiency. Ultimately, it contributes to better financial performance and sustainability for businesses.

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1mo ago

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What power plant has high load factor?

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