Harvesting energy from a periodic heat bath

The context of the present paper is stochastic thermodynamics - an approach to nonequilibrium thermodynamics rooted within the broader framework of stochastic control. In contrast to the classical paradigm of Carnot engines, we herein propose to consider thermodynamic processes with periodic continuously varying temperature of a heat bath and study questions of maximal power and efficiency for two idealized cases, overdamped (first-order) and underdamped (second-order) stochastic models. We highlight properties of optimal periodic control, derive and numerically validate approximate formulae for the optimal performance (power and efficiency).