In the last decade, stochastic versions of quantum chemistry methods such as coupled cluster Monte Carlo (CCMC) or full configuration interaction quantum Monte Carlo (FCIQMC) have made highly accurate energy calculations possible that are not accessible to the corresponding deterministic methods (full configuration interaction and coupled cluster) at the same accuracy. CCMC and FCIQMC parallelize well and exploit the sparsity in the wavefunction which decreases memory costs and makes calculations in larger systems tractable. With CCMC it is straightforward to set up high order coupled cluster calculations, such as CCSDTQ5, which includes quintuple excitations explicitly. In this thesis, the convergence of the energy accuracy with the coupled cluster levels up to CCSDTQ5 was tested on the uniform electron gas, a model solid system, for various degrees of electron correlation. This gave information on what coupled cluster level is needed to reach sufficient accuracy when modelling a solid system. Before large solid systems can be modelled, the CCMC and FCIQMC algorithms need to be optimised. The efficiency in one of the crucial steps in these algorithms, the $spawn$ step, was improved, keeping computational and memory costs as low as possible. Furthermore, the convergence of CCMC and FCIQMC was accelerated by employing a quasi-Newton propagation. Using the model system information of what coupled cluster level is needed and having made great progress towards accelerating these methods, the computation of highly accurate energies in solid or large molecular systems should be more feasible in the future.