Your CPU usage will reduce as the render completes as you show in your image, so that's to be expected - it's only rendering the last few buckets, and as the thread count reduces, so does the CPU load.
There was a thread a while ago about optimal core/thread count for Terragen, I think it might have been 16 cores, and above that the law of diminishing returns kicks in.
We're getting many more cores in modern CPUs but not much software can fully take advantage.