This document provides an overview of superconducting magnetic energy storage (SMES). It discusses the history and components of SMES systems, including superconducting coils, power conditioning systems, cryogenic units, and control systems. The operating principle is described, where energy is stored in the magnetic field created by direct current flowing through the superconducting coil. Applications include providing stability and power quality for the electric grid. Challenges include the large scale needed and cryogenic cooling required to maintain superconductivity.