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Hydrogen energy has broad development prospects as a clean, carbon-free, flexible and efficient secondary energy and industrial raw material. Although the technologies of hydrogen production by water electrolysis, hydrogen storage and hydrogen supply have been relatively mature, the technology chain of hydrogen production-storage-supply is still in its infancy. It is of great importance to explore the technology chain in power system for the cooperative utilization of hydrogen energy and traditional electricity. This paper firstly introduced the basic principles, classifications, advantages and disadvantages of the technologies including hydrogen production by water electrolysis, hydrogen storage and hydrogen supply, and summarized the development of hydrogen production by water electrolysis, hydrogen storage and hydrogen supply technologies in the United States, Japan and the European Union. Then, the current status of above technologies in China was analyzed, and three possible application modes of hydrogen production by water electrolysis, hydrogen storage and hydrogen supply in power system in China were discussed. Finally, based on the current situation, the suggestions for promoting the development of hydrogen production by water electrolysis, hydrogen storage and hydrogen supply in power system in China were put forward, which provide a reference for optimizing the development of the whole technology chain of hydrogen energy production-storage-supply-use.