Efficiency statistics at all times: Carnot limit at finite power
  We derive the statistics of the efficiency under the assumption that thermodynamic fluxes fluctuate with normal law, parametrizing it in terms of time, macroscopic efficiency, and a coupling parameter $\zeta$. It has a peculiar behavior: No moments, one sub- and one super-Carnot maxima corresponding to reverse operating regimes (engine/pump), the most probable efficiency decreasing in time. The limit $\zeta\to 0$ where the Carnot bound can be saturated gives rise to two extreme situations, one where the machine works at its macroscopic efficiency, with Carnot limit corresponding to no entropy production, and one where for a transient time scaling like $1/\zeta$ microscopic fluctuations are enhanced in such a way that the most probable efficiency approaches Carnot at finite entropy production. 
Matteo Polettini, Gatien Verley and Massimiliano Esposito
cond-mat.stat-mech