Absolutely, but you will never see everyone generating their own power so AC is here to stay. Step up/ step down is too efficient for DC to compete for transmission. Distance losses will always be a killer with DC.
larry
Larry,
That's what I'm saying, there will be a time when the long range grid is no longer viable.
Today DC Step up/step down DC beats AC transformer efficiencies without the size or the massive amounts of copper. Most electronic gear runs on low voltage DC, why rectify 120 VAC to get 6VDC when you can run a simple high efficiency circuit to get the same thing? My DC inverters run over 95%efficiency. You just can't beat a MOSFET with an RDSon in the micro-ohms switching at a couple of Mhz, now you get a wall transformer with a 99% efficiency, not transformers, no heat and it's the size of your thumb.
If local communities generate their own power, not only will there be short grid runs but things like grid terrorism will no longer be an issue. I think by then most people will be autonomous and people like me won't be the exception but the norm.
Rob