Power lines are overwhelmingly aluminum with a steel core over copper.
Please explain better? Is the steel core over the copper? Or is it aluminum, then copper, then steel? Or is it just steel and aluminum?
Sorry, there are some copper power lines out there, but the overwhelming majority of them are aluminum with a steel core for strength.
Copper is too expensive for long runs.
Among other things, I know of at least 4 superconductor runs, and there's at least a few test lines with a fiber core rather than steel - The same stuff as used in fiber optics. The steel doesn't transmit much of the power, the fiber is stronger, and therefore can be made thinner, allowing extra thickness of aluminum make them capable of carrying more power.
As for the cost of the unit, I don't think it's 3 million upfront, it's more like 3 million over the course of the lease. Toshiba's not proposing selling these, they're leasing them.
5 cents a kwh is too expensive for most forms of utility power, but it's a deal for retail.