The document discusses how oxidation-reduction reactions are central to metabolism as they allow for the transfer of electrons between molecules, with some molecules becoming reduced by gaining electrons and others becoming oxidized by losing electrons. Key electron carriers in metabolic redox reactions include coenzymes like NADH and FADH2, which can transfer electrons between different reactions. Energy released from redox reactions is then harnessed to drive the phosphorylation of ADP to form ATP, the main energy currency molecule in cells.