Oxidative phosphorylation
1. Reduced coenzymes release hydrogen, splitting into protons and electrons
2. Electrons transported along electron transfer chain, releasing energy
3. Energy used to actively transport protons from matrix into intermembrane space, creating electrochemical gradient
4. Protons move down concentration gradient through ATP synthase, phosphorylating ADP to create ATP
5. Electrons picked up by oxygen, which also picks up protons to form water