Power management system capable of saving power and optimizing operating efficiency of power supplies for providing power with back-up or redundancy to plural loads

The present invention relates to a power management system comprising at least one power management subsystem. Each power management subsystem comprises a first power module coupled to a first load and comprising at least one first power supply for supplying power to the first load; a second power module coupled to a second load and comprising at least one second power supply, wherein at least one second power supply is retractably installed in the second power module and selectively coupled to the second load; and a pass-through module comprising at least one pass-through unit retractably installed in the second power module to replace with the at least one second power supply and selectively connecting the first power module to the second load for allowing the first power module to supply power to the second load.