Current long distance power transmission is most often used as a way of 'balancing' production and demand between different types of plants; it is not intended or capable of transmitting the full power needs of the recieving area.
I didn't say it's just about "connecting countries with a common grid". Switching from fossil fuels to renewable sources is much more challenging than that. However, transmitting lots of power over long distances is doable and cheaper than many people think.
Importing a whole country's power consumption is probably a bit much in terms of required infrastructure (except for the microstates which already do this), but smaller links are already present and make economic sense. I don't think the politics of energy security are an obstacle if the price is right.
While there isn't a complete grid, the UK has connections to Ireland, the Netherlands and France, enabling a bit more balancing. You can see the UK is currently running on 60% CCGT and 25% nuclear, although the 10GW solar capacity can't be shown because there's no central real-time metering for it. That's quite an impressive amount given the total (net of solar) demand is 30GW. Two and a half "Drax" worth of power, invisibly distributed around the country!
Pretty simple math, if you cable has 1 Ohm/km then the distance between the Northeastern most point in Canada to Ireland is around 3000 km (or 3x10E6m)
So suppose you have this very long extension cord, plug it on Canada (100V there to help the math) and plug a lamp on Ireland (an old incandescent 100W bulb, because it dims)
Your lamp is going to have 100 Ohms. Current is going to be 100V/(6100 ohms) = 16mA, making your lamp glow with 1.6W
Transmission costs money, but less than many believe. The cost of high voltage DC (HVDC) transmission lines is roughly 1 cents per kwh for 500 miles, or 1.5 cents per kwh for 1,000 miles transmitted. Over 1,000 miles, an HVDC line may lose 5% or so of the electricity it transmits.
I don't consider 5% per 1000 miles an "absurd" amount.
However doing it on terrain is much easier than doing it under the ocean
That's why we need big towers
When you can't use towers (on land) you have all kinds of special isolation techniques
Anyway, it's only 50 miles from Russia to Alasca making this a relatively simple connection. Hawaii would be hard to justify unless it's really cheap.
However grid storage is generally fairly cheap. Just going east to west across Eurasia also gives very good solar coverage.
There are also -- of course -- a lot of political problems with the idea of a a global electric grid. Like, what happens to your electrical system in case of an international crisis. Russia has used its gas supplies for political pressure in Europe, and other nations may do the same with electricity.
For instance, Morocco plans to put solar panels in the Sahara. The solution that is considered in order to transmit power was that the solar station would charge batteries and the batteries would be carried by trucks.
To get started, read https://en.wikipedia.org/wiki/Submarine_power_cable
But on the ocean floor the cold water could keep the lines cool.