A method and a control arrangement for an electric power conversion system including a plurality of electric power converters, the control arrangement configured to collect data related to the electric power conversion system, determine an optimal configuration for each one of the electric power converters of the electric power conversion system on the basis of collected data through a simulation of the electric power conversion system generate, for each one of the electric power converters, a source code for a firmware of the electric power converter on the basis of the determined optimal configuration for the electric power converter in question, and re-program each one of the electric power converters with the respective source code generated for the electric power converter in question.