The conventional activated sludge (CAS) process has been widely employed for wastewater treatment for more than one hundred years. Recently, more and more concerns have been raised on the CAS process due to its high energy consumption and production of huge amount of waste activated sludge, which are inevitably linked to the issue of environmental sustainability and global climate change. Facing to such emerging and challenging situation, this study reported a novel A-B process in which an anaerobic moving bed biofilm reactor (AMBBR) served a lead A-stage for COD capture towards biogas production and an integrated fixed-biofilm and activated sludge sequencing batch reactor (IFAS-SBR) was employed as B-stage for biological nitrogen removal. Results showed that about 85% of wastewater COD was removed in the steady-state AMBBR with a total energy production rate of 0.28 kWh/m3 wastewater treated, while 85% of N-removal was achieved when the stable nitrite shunt was established in the IFAS-SBR. Moreover, 90% of dissolved methane in the AMBBR effluent could be removed by the proposed flash chamber at the lower energy demand of 0.12 kWh/m3 which could be offset by the potential energy harvested from produced methane. Compared to the CAS process, the production of waste sludge was reduced by about 75% in the proposed A-B process due to the efficient COD capture at the A-stage, leading to significant energy savings from aeration for COD oxidation and post-treatment of waste sludge at the B-stage. Consequently, this study offers in-depth insights into A-B process which should be considered as an ideal candidate for achieving the energy-neutral or even energy positive operation of a municipal wastewater treatment. Given the complex situation in A-B process, future study is needed to look into the system optimization towards the operational synergy between A- and B-stage in terms of energy recovery and nitrogen removal.