This paper introduces a modular testbed to simulate AC/DC microgrids. The testbed is implemented in Matlab Simulink and is based on the energetic macroscopic representation (EMR) formalism. It is designed to be a tool to evaluate energy management strategies in AC/DC microgrids. The microgrid simulation model includes a photovoltaic generator, a fuel cell system, ultracapacitors, and batteries on the DC side. It includes voltage source converters (VSC) to couple the DC side with the AC side of the microgrid, which includes a variable AC load and a synchronous generator. Two case studies illustrate the use of the testbed. The model is implemented in Matlab Simulink and made openly available for the scientific community. Using this model, researchers can develop and evaluate energy management strategies in AC/DC microgrids.