F1 TERS for 2014 is now called a MGHU Motor Generator Heat Unit.
Its using a generator type unit that's located at the center cartridge of the turbo. Being a generator it can make electricity or spin the turbo's shaft to reduce turbo lag.
Garret Honeywell came up with back in the 90's and its evolved from there.
The max output the MGUH can put out by 2014 rules is 120 kW or 160 HP.
There is rummer that they are at 80 kW right now and growing.