A first electronic device is provided. The first electronic device, comprises [MD2] a first communication module, a first battery configured to supply power to the first electronic device, a first power management module connected and configured to control the first battery, a first power transfer module, and a first processor operationally connected with the first communication module, the first power management module, and the first power transfer module, wherein the first communication module is configured to identify a remaining capacity of a second battery in the second electronic device, and wherein the first processor is configured to, when a remaining capacity of the first battery is greater than the remaining capacity of the second battery by greater than or equal to a specified threshold value, transfer at least a portion of the power of the first battery to the second electronic device using the first power transfer module.