This paper presents a simulation of an insulated micro-grid system based on the three-level converters control for energy management. Different renewable power sources (wind turbine and Photovoltaic (PV) energy systems) are used to energize the micro-grid. However, a battery energy storage system (BESS) and a variable diesel generator are also used to improve the reliability of the system. The contribution of this research is focused on the power control method based on improving the quality of energy transfer, mastering dynamic interactions and maximum energy production from renewable energies to reduce the fuel consumption by the diesel. Firstly, the proposed control model for each renewable energy was carried out through simulation in the environments of Matlab and Simulink to test the robustness and performance. The second part of this research is dedicated to managing the sharing of power between load, generators, and storage systems by extracting the references of power. The three-level PWM rectifiers for variable speed diesel generators was used to maintain and control the DC bus voltage of the isolated micro-grid. The results obtained from simulations show a good correlation between static and dynamic systems even for fluctuating sun power and wind speed.