Microgrids play a crucial role in modern energy systems by integrating diverse energy sources and enhancing grid resilience. This study addresses the optimization of microgrids through the deployment of high-efficiency converters, aiming to improve energy management and operational efficiency. This study explores the pivotal role of AC-DC and DC-DC bidirectional converters in facilitating energy conversion and management across various sources and storage systems within microgrids. Advanced control methodologies, including model-based predictive control and artificial intelligence, are analyzed for their ability to dynamically adapt to fluctuations in power generation and demand, thereby enhancing microgrid performance. The findings highlight that implementing high-efficiency converters not only enhances power stability and quality but also reduces operational costs and carbon emissions, thereby reinforcing microgrids as a sustainable and effective solution for contemporary energy management challenges. This research contributes to advancing the understanding and implementation of efficient energy systems in microgrids, promoting their widespread adoption in diverse applications.