A power generation system comprising a liquid-cooled electrolyzer operable to produce a supply of hydrogen from water is provided. The power generation system may also comprise a steam turbine and a steam production device operable to produce a supply of steam to the steam turbine. The power generation system may also comprise a system operable to provide cooling liquid to the liquid-cooled electrolyzer and to couple heated cooling liquid from the liquid-cooled electrolyzer to the steam production device.