AbstractWe develop algebraic geometry for coupled cluster (CC) theory of quantum many-body systems. The high-dimensional eigenvalue problems that encode the electronic Schrödinger equation are approximated by a hierarchy of polynomial systems at various levels of truncation. The exponential parametrization of the eigenstates gives rise to truncation varieties. These generalize Grassmannians in their Plücker embedding. We explain how to derive Hamiltonians, we offer a detailed study of truncation varieties and their CC degrees, and we present the state of the art in solving the CC equations.