Final answer:
The standard Gibbs energy of formation (ΔfG°) is the energy change when 1 mole of a substance is formed from its elements in their standard states, and it's zero for any element in its standard state. It's used in calculating the standard Gibbs energy change (ΔG°) for a reaction.
Step-by-step explanation:
The standard Gibbs energy of formation (ΔfG°) is the Gibbs energy change that occurs when 1 mole of a substance is formed from its elements in their standard states. By definition, for any element in its standard state, such as O2(g) at 298.15 K and 1 atm pressure, ΔfG° is zero. To calculate the standard Gibbs energy change (ΔG°) for a reaction, we use the formula ΔG° = ΣΔG°f (products) - ΣΔG°f (reactants), where Σ represents the sum over all substances.