That's because older MacBooks could draw more power under 100% load than the power adapter could provide. Instead of shipping with a bulky 90W adapter, apple decided that 65W one is sufficient for almost everyone, and if you need to run your machine under 100% load it would just draw extra power from the battery. Hence, if you don't have a battery or its dead, the machine will never allow 100% load(this might be different if you actually plug in a 90W adapter, but I don't remember the details now).