The equation often seen for Gibbs Free energy is ΔG = ΔH-TΔS. ΔG is the Free Energy of the Reaction, ΔH is the enthalpy of the reaction, T is temperature, and ΔS is the entropy of the reaction.
If the change in Gibbs free energy is negative, the reaction is spontaneous. This means that it's energetically favorable for the reaction to proceed as written, but does not reflect on the kinetics of the reaction.
If the change in Gibbs free energy is zero, it means the reaction is currently in equilibrium, meaning the concentrations of reactants and products do not change over time.
If the change in Gibbs free energy is positive, the reaction is nonspontaneous. This means that it's not energetically favorable for the reaction to proceed as written, but does not reflect on the kinetics of the reaction. In most cases it indicates that the reverse reaction is spontaneous.
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