This document discusses two-phase flow boiling in small channels. It begins with an introduction and classification of boiling as pool or flow boiling. Pool boiling is described along with the boiling curve and common correlations. Flow boiling is then discussed, noting it can be external or internal. Internal flow boiling, or two-phase flow, is the focus. Common flow boiling regimes and the challenges modeling microchannels are outlined. The document then presents the annular flow model for microchannels, including assumptions, parameters, equations, and results showing improved accuracy over empirical correlations. In conclusion, the annular flow model is shown to better capture heat transfer trends in microchannels with low error compared to other correlations.