Although there is no standard global definition, the European Technology Platform SmartGrids defines smart grids as electricity networks that can intelligently integrate the behaviour and actions of all users connected to it – generators, consumers and those that do both – in order to efficiently deliver sustainable, economic and secure electricity supplies. The situation in Austria The Austrian E-Control lists following requirements a smart grid must meet: Available in sufficient amounts; Secure and of good quality; Affordable; Environmentally friendly; Socially acceptable. There are currently around 100,000 smart meters installed in Austria. Those are spread among six pioneer regions which function as independent projects and serve with findings in various aspects concerning the implementation of Smart Grids on a broad basis. The challenges yet to overcome for the installation on a nationwide level are the technical requirements, the compatibility, the gap between norms for Power Line Carrier on their last mile, data privacy and a more flexible law on gauging and measuring. Producing hydroenergy on a small (private) basis does have a tradition in Austria. With Smart Grids making use of that, this branch is bound to become a lot more interesting and valuable for the society, in the future. Benefits and goals It is the task of the Network Operators to optimise usage of the net infrastructure. This can be achieved by improving communication between energy customer, provider and storage facilities. Benefits for the customer: First and foremost, it should guarantee a reliable energy supply in Austria. Another main goal is, to enhance possibilities of including small energy suppliers into the energy network. (decentralised energy production) This should enhance quality and lower costs. Successful roll-out of smart grids technologies would bring many benefits, including: High level of security and quality of supply; Efficient use of resources leading to cost savings for consumers; Transparent and non-discriminatory grid connection and access for all system users; Maximisation of the cross-border transmission capacity available to the European electricity market; Coordinated planning and development of national and European network infrastructure; Reduction of emissions and increased efficiency through optimum integration of distributed renewable generation. Research and political measures In Austria, there is targeted research on Smart Grids since 2003. Since 2008 the National Technology Platform Smart Grids Austria (SGA) was formed by Stakeholders of the national energy sector (Innovative Grid Operators, Researchers, Industry, Suppliers, Consumers). The SGA since then came up The Austrian Klimafonds has a