In modern electric power systems (EPS) solutions based on advanced metering infrastructure (AMI) are required. The data collected by AMI could help to detect an emergency situations in EPS. AMI two way communications allows both to collect measuring data and control devices referred to as a nodes. Nodes providing control and measurement functions create a smart grid (SG). The smart grid nodes are appliances, power generation and storage capacity. In the case of power storage, these nodes can also take power, in the case of having to be recharged. Analysis of all possible power combining, for all three categories of nodes in even micro SG (MSG) may not be feasible due to time. A novel approach to the power management in MSG by use of an elastic management energy model have been presented in the paper.Keywordsmicro smart grids, elastic management energy model, balanced power selection.978-1-4799-8416-9/15/$31.00 ©20 15 IEEE