Evolution of the nonequilibrium thermodynamic entities corresponding to dynamics of the Hopf instabilities and traveling waves at a nonequilibrium steady state of a spatially extended glycolysis model is assessed here by implementing an analytically tractable scheme incorporating complex Ginzberg-Landau equation(CGLE). In the presence of self and cross diffusion, a more general amplitude equation exploiting the multiscale Krylov-Bogoliubov averaging method serves as an essential tool to reveal the various dynamical instability criteria, specially Benjamin-Feir(BF) instability, to estimate the corresponding nonlinear dispersion relation of the traveling wave pattern. The critical control parameter, wavenumber selection criteria, and magnitude of the complex amplitude for traveling waves are modified by self-and cross-diffusion coefficients within the oscillatory regime, and their variabilities are exhibited against the amplitude equation. Unlike the traveling waves, a low amplitude broad region appears for the Hopf instability in the concentration dynamics as the system phase passes through minima during its variation with the control parameter. The total entropy production rate of the uniform Hopf oscillation and glycolysis wave not only qualitatively reflects the global dynamics of concentrations of intermediate species but almost quantitatively. Despite the crucial role of diffusion in generating and shaping the traveling waves, the diffusive part of the entropy production rate has a negligible contribution to the system's total entropy production rate. The Hopf instability shows a more complex and colossal change in the energy profile of the open nonlinear system than so in the traveling waves. A detailed analysis of BF instability shows a contrary nature of the semigrand Gibbs free energy with discrete and continuous wavenumbers for the traveling wave. We hope the Hopf and traveling wave pattern around the BF instability in terms of energetics and dissipation would open up new applications of such dynamical phenomena.