The purpose of this paper is to present the advances in the implementation of the Smart Grids (SGs) in the whole world span and the prospectus of Colombia towards the implementation of new solutions. Mainly considering those technological developments and advances made in the electrical networks, related with the use of software for their analysis and management in different scenarios, to optimize the electrical system management and operation upon the new challenges that we have currently. For this matter, first is presented the theoretical framework which the SGs are focused and the advances in recent years, analyzing the metering, communication, security and control systems in comparison with future projected solutions.