[1] https://en.wikipedia.org/wiki/EuroAsia_Interconnector
[2] https://www.powerengineeringint.com/smart-grid-td/td-infrast...
The electrical loss through HVDC cable is approximately 3% per 1000 km of cable, far less than with AC grids. The physics do work out, the only real barriers are economics and politics.
The physics works out just fine. Where did you get your information from?
See also:
"On the technology front we have covered significant ground in the past two decades. We have raised power capacity from 50MW to more than 1,400MW – enough to power several million households. We have enhanced voltage levels from 80kV to 525kV, thereby increasing distance capability from 70km to over 1,000km. And at the same time we have continually brought down transmission losses which are now at less than 1 percent." https://eepower.com/news/abb-doubles-hvdc-capacity-and-celeb...
https://www.researchgate.net/publication/331959599_A_compreh...
https://markets.businessinsider.com/news/stocks/building-a-2... (2 billion seems too cheep)
The cables are designed for crossing relatively small bodies of water such as the Mediterranean or the North Sea, and can be tweaked for more efficiency if the goal is to cross the Pacific Ocean, but even without that, it would still work.
The rest of the day works though.