The power distribution grid is centrally managed concerning the requirements of the end-users, however, with the appearance of smart grids, new technologies are arising. Therefore, distributed energy resources, mainly, renewables, energy storage systems, electric mobility, and power quality are viewed as encouraging contributions for improving power management. In these circumstances, this paper presents a power electronics perspective for the power distribution grid, considering innovative features, and including a power quality perception. Throughout the paper are presented relevant concepts for a concrete realization of a smart grid, supported by the integration of power electronics devices as the interface of the mentioned technologies. Aiming to support the innovative power electronics systems for interfacing the mentioned technologies in smart grids, a set of developed power electronics equipment was developed and, along with the paper, are shown and described, supporting the most important contributions of this paper.