http://spectrum.ieee.org/energy/the-...bal-power-grid
… “But the technology now exists to transmit massive amounts of electricity over long distances without significant losses, thereby allowing operators to balance consumption and generation across an entire continent—or, potentially, the globe.”…
… "But power engineers also knew that a DC system operating at high voltage would be superior to AC for the same task, because the amount of electricity lost during DC transmission would be far less than with AC.
How much less? Let’s say you’re transmitting a given amount of power by high-voltage DC: When you double the voltage, you need only half the current of a comparable AC system, thus reducing your line losses by a factor of four. You also need a lot less wire, because DC current penetrates the entire conductor of a power line, whereas
AC current remains largely near the surface. Put another way, for the same conductor size, the effective resistance is greater with AC, and more power is lost as heat. In practice, that means the overall
transmission infrastructure for AC far exceeds that for DC. To transmit 6,000 megawatts using a 765-kilovolt AC system, for instance, you’d need three separate single-circuit transmission lines, which would cut a right-of-way path about 180 meters wide. Compare that with an 800-kV DC system, which would require just one 80-meter-wide path.”..