Daily increasing use of tidal power generation proves its outstanding features as a renewable source. Due to environmental concerns, tidal current energy which has no greenhouse emission attracted researchers’ attention in the last decade. Additionally, the significant potential of tidal technologies to economically benefit the utility in long-term periods is substantial. Tidal energy can be highly forecasted based on short-time given data and hence it will be a reliable renewable resource which can be fitted into power systems. In this paper, investigations of effects of a practical stream tidal turbine in Lake Saroma in the eastern area of Hokkaido, Japan, allocated in a real microgrid (MG), is considered in order to solve an environmental/economic bi-objective optimization problem. For this purpose, an intelligent evolutionary multi-objective modified bird mating optimizer (MMOBMO) algorithm is proposed. Additionally, a detailed economic model of storage devices is considered in the problem. Results show the efficiency of the suggested algorithm in satisfying economic/environmental objectives. The effectiveness of the proposed approach is validated by making comparison with original BMO and PSO on a practical MG.