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Terahertz (THz) radiation has broad applications ranging from medical imaging to spectroscopy. One viable source of high‐intensity THz radiation is the Smith–Purcell (SP) effect, which involves charge carriers moving over a periodic surface. Conventional SP emitters use electron beams to generate charge carriers, necessitating bulky electron acceleration stages. Here, a compact design for generating THz SP radiation using mobile charge carriers within 2D materials is proposed. This circumvents the beam alignment and beam divergence challenge, allowing for a reduction in the electron‐grating separation from tens of nm to 5 nm or less, leading to more efficient near‐field excitation and a potentially chip‐level THz source. In such a configuration, it is shown that the optimal electron velocity and the corresponding maximum radiation intensity can be predicted from the electron‐grating separation. The numerical …