A power management system includes a plurality of power adjustment resources electrically connected to a microgrid, and a CEMS server that manages the plurality of power adjustment resources. The plurality of power adjustment resources include a plurality of FCEVs that supply electric power to the microgrid. Each of the plurality of FCEVs executes a refresh process that removes an oxide film formed on a catalyst electrode of an FC stack by causing the FC stack to generate electric power exceeding prescribed electric power. The CEMS server adjusts execution timings of the refresh process in the plurality of FCEVs during power supply to the microgrid, so as to respond to a request to adjust power supply and demand in the microgrid.