Can someone explain how this makes sense economically, isn't it really expensive and lossy to transport electricity such a long distance?
Edit: Basic power loss formula is P=I^2R, so yes power loss is divided by 4 for a 2x increase in voltage assuming the target power delivered is held constant.
At a given power, double voltage means half current. If the resistance is kept the same, that means 4 times lower losses. If the resistance is doubled by using a thinner cable, that still results in two times lower losses.
What material would they use for the cables at those vast distances to make the numbers work ?
But, sure, worth it for the HN=referrer porn JWZ throws up, I guess?