Due to interconnection of various renewable energies and adaptive technologies, voltage quality and frequency stability of modern power systems are becoming erratic. Superconducting magnetic energy storage (SMES), for its dynamic characteristic, is very efficient for rapid exchange of electrical power with grid during small and large disturbances to address those instabilities. In addition, SMES plays an important role in integrating renewable sources such as wind generators to power grid by controlling output power of wind plant and improving the stability of power system. Efficient application of SMES in various power system operations depends on the proper location in the power system, exact energy and power ratings and appropriate controllers. In this paper, an effort is given to explain SMES device and its controllability to mitigate the stability of power grid integrated with wind power generation systems.