Abstract:The latest technological developments are challenging for finding new solutions to mitigate the massive integration of renewable-based electricity generation in the electrical networks and to support new and dynamic energy and ancillary services markets. Smart meters have become ubiquitous equipment in the low voltage grid, enabled by the decision made in many countries to support massive deployments. The smart meter is the only equipment mandatory to be mounted when supplying a grid connected user, as it primarily has the function to measure delivered and/or produced energy on its common coupling point with the network, as technical and legal support for billing. Active distribution networks need new functionalities, to cope with the bidirectional energy flow behaviour of the grid, and many smart grid requirements need to be implemented in the near future. However there is no real coupling between smart metering systems and smart grids, as there is not yet a synergy using the opportunity of the high deployment level in smart metering. The paper presents a new approach for managing the smart metering and smart grid orchestration by presenting a new general design based on an unbundled smart meter (USM) concept, labelled as next generation open real-time smart meters (NORM), for integrating the smart meter, phasor measurement unit (PMU) and cyber-security through an enhanced smart metering gateway (SMG). NORM is intended to be deployed everywhere at the prosumer's interface to the grid, as it is usually now done with the standard meter. Furthermore, rich data acquired from NORM is used to demonstrate the potential of assessing grid data inconsistencies at a higher level, as function to be deployed in distribution security monitoring centers, to address the higher level cyber-security threats, such as false data injections and to allow secure grid operations and complex market activities at the same time. The measures are considering only non-sensitive data from a privacy perspective, and is therefore able to be applied everywhere in the grid, down to the end-customer level, where a citizen's personal data protection is an important aspect.