The Gibbs Free Energy Equation is a thermodynamic formula that helps predict whether a reaction will occur spontaneously at constant temperature and pressure. It relates the change in free energy ($$\Delta G$$) of a system to the enthalpy change ($$\Delta H$$), the entropy change ($$\Delta S$$), and the temperature (T) using the formula: $$\Delta G = \Delta H - T \Delta S$$. This equation connects the spontaneity of a process to its energy changes, making it essential for understanding reactions in various chemical systems.