Complex III, also known as the cytochrome bc1 complex, is a crucial enzyme in the electron transport chain that facilitates the transfer of electrons from ubiquinol (QH2) to cytochrome c. This complex plays an essential role in oxidative phosphorylation by contributing to the generation of a proton gradient across the inner mitochondrial membrane, which is vital for ATP production. By shuttling electrons and pumping protons into the intermembrane space, Complex III links the oxidation of NADH and FADH2 to the synthesis of ATP through chemiosmosis.