The Carnot cycle is the most theoretically efficient thermodynamic transformation cycle, made up of two isotherms and two adiabatic transformations.
- is constant temperature transformation that absorbs heat from a hot heat reservoir.
- is an adiabatic transformation that lowers temperature from to .
- is another constant temperature transformation that emits heat to a cold reservoir.
- is another adiabatic transformation that increases temperature from to .
Since for a cycle, the first law of thermodynamics tells us that . The work done by this cycle is . So, in a cycle, heat is taken from the hot reservoir, some work is done and "waste heat" is ejected into the cold reservoir. The thermal efficiency of this process is
This cycle is reversible, so it can be turned into a refrigerator by inverting it.