Alkane dehydrogenation via direct and oxidative pathways has emerged as an alternative method to steam cracking for alkene production. The direct dehydrogenation pathway is highly endothermic and prone to catalyst deactivation through coke formation, while the oxidative pathway is exothermic but suffers from poor selectivity and high CO
x formation. Overcoming these challenges, selective hydrogen combustion (SHC) combines a direct dehydrogenation catalyst with one that can selectively combust hydrogen, achieving the same overall thermodynamics as oxidative dehydrogenation. This approach helps improve the yield and selectivity of alkene formation while reducing the energy costs associated with the endothermic dehydrogenation step. Here, we use density functional theory (DFT) calculations to compare the properties of Bi
2O
3, a known SHC catalyst, to V
2O
5, a known alkane combustion catalyst. These reactions can be carried out in a steady-state mode or in chemical looping mode, where dehydrogenation and SHC occur in tandem or a sequential bed, forming the desired alkene and H
2O while reducing the SHC catalyst. The SHC catalyst is reoxidized to complete the loop in a subsequent step using molecular O
2. We compare H
2 dissociation and alkane activation barriers on multiple surfaces of Bi
2O
3 and V
2O
5. Additionally, we calculate common reducibility descriptors, such as oxygen vacancy formation energies (VFE), hydrogen addition energies (HAE), and methyl-addition energies (MAE). We show that coordinatively unsaturated (cus) metal atoms, common on Bi
2O
3 but rare on V
2O
5, can bind hydrides and promote H
2 dissociation across unbound M,O pairs. Higher selectivity can be achieved if the SHC catalyst's O atoms exhibit relatively weak H-abstraction, making them less effective at activating hydrocarbons. Cus metal atoms that bind hydrides and oxygen atoms with relatively weak HAE energies—contribute to the high rates of H
2 combustion relative to alkane combustion on stoichiometric oxide surfaces.
