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				 Article aims to present the technological innovation - Smart Grids in the process of maintaining Europ’s energy security, competitiveness of economy and environmental protection. Innovative intelligent networks are the solution to accelerate the liberalization process of the energy sector, and also to grow energy efficiency and savings in the consumption of electricity. Management of energy production and efficient planning of consumption will bring benefits for the economic development. Technology of smart grids will change in the future the structure of the supply of energy towards a decentralization system. This article consist of three main parts, the first concerns the analysis of energy policy in Europe with the most significant factors that shape this policy, the seconde part concerns the presentation of the smart grids solutions essence for electricity and the benefits generated by the process of implementing in the energy system. The third part is devoted to European and Polish projects in the subject of smart meters.

Smart Grids in the Process of Building a Competitive Economy and Energy Security in Europe