In this paper, the main components of the basic model of the Smart Grid architecture according to the standard IEC TR 63097:2017 "Smart Grid Roadmap" are considered. The list of basic and particularly important international standards, which have a significant impact on the application of Smart Grid, has been identified and analyzed. A group of standards describing the basic principles of Smart Grid systems application is selected. These groups are unifying and allow to eliminate contradictions between other existing standards, to ensure their consistency. The development of a strategy and the creation of a road map for the adoption of modern European and international standards in Ukraine in the field of Smart Grid substantiated. A list of relevant directions and functional systems necessary for the implementation of the components of the Smart Grid concept is given. These directions require a detailed analysis to establish priority levels during the implementation of relevant modern European and international standards in Ukraine, taking into account the specifics of the Ukrainian electricity market.