Abstract In recent years, due to the digitization of the electrical devices electric load demand has been increased. Power security and stabilization are the other two challenges which necessitate the need of electrical energy storage. Along with the technological constraints, economical and environmental issues are the other challenges in the development of energy storage technologies. Fast response and high energy density features are the two key points due to which Superconducting Magnetic Energy Storage (SMES) Devices can work efficiently while stabilizing the power grid. Two types of geometrical combinations have been utilized in the expansion of SMES devices till today; solenoidal and toroidal. It has been found that the solenoidal arrangement is easier to fabricate and provides efficient approach to handle stresses produced by Lorentz forces. This work represents the development of 2.5MJ SMES solenoidal Magnet using 2G (SuperPower, YBCO having Tc=90K @ 0T) HTS tape. The effect of the operating current (passing through a single superconducting tape) has been evaluated. A reference magnetic flux of 3.5T has been considered in designing of HTS SMES. It has been found that the parallel fields for solenoidal magnet are large as compared to perpendicular fields which results into large magnitudes of Lorentz forces acting on HTS tape which may leading to structural instabilities and can cause failure. It has been concluded that higher currents can be used in order to lower down the total length of the superconductor as it can reduce the overall cost of the device