The invention discloses a micro grid based integrated energy development system and method. The system comprises a photovoltaic assembly, a blower fan, a generator, a photovoltaic controller, a blowerfan controller, a generator control cabinet, an onsite switch, an AC bus, a DC bus, an AC electric quantity collection terminal, an AC load, a DC electric quantity collection terminal, a DC load, a contactor, a storage battery pack, an inverter, a rectifier, a controller, a network and a remote server. The system and method have the advantages that the system is designed reasonably, the AC and DCelectric quantity collection terminal can collect electric quantities used in the AC and DC loads respectively, AC and DC power utilization conditions can be provided effectively, and reference is provided for start /stop of the inverter and the rectifier.