Renewable energy is critical for improving energy structure and reducing environment pollution. But its strong fluctuation and randomness have a serious effect on the stability of the microgrid without the coordination of the energy storage batteries. The main factors that influence the development of the energy storage system are the lack of valid operation and maintenance management as well as the cost control. By analyzing the typical characteristics of the energy storage batteries in their life cycle, the geometric process-based model including the deteriorating system and the improving system is firstly built for describing the operation process, the preventive maintenance process, and the corrective maintenance process. In addition, this paper proposes an optimized management strategy, which aims to minimize the long-run average cost of the energy storage batteries by defining the time interval of the detection and preventive maintenance process as well as the optimal corrective maintenance times, subjected to the state of health and the reliability conditions. The simulation is taken under the built model by applying the proposed energy storage batteries' optimized management strategy, which verifies the effectiveness and applicability of the management strategy, denoting its obvious practicality on the current application.