Twenty years ago in a series of amazing discoveries it was found that a large family of ceramic cuprate materials exhibited superconductivity at temperatures above, and in some cases well above, that of liquid nitrogen. Imaginations were energized by the thought of applications for zero-resistance conductors cooled with an inexpensive and readily available cryogen. Early optimism, however, was soon tempered by the hard realities of these new materials: brittle ceramics are not easily formed into long flexible conductors; high current levels require near-perfect crystallinity; and-the downside of high transition temperature-performance drops rapidly in a magnetic field. Despite these formidable obstacles, thousands of kilometres of high-temperature superconducting wire have now been manufactured for demonstrations of transmission cables, motors and other electrical power components. The question is whether the advantages of superconducting wire, such as efficiency and compactness, can outweigh the disadvantage: cost. The remaining task for materials scientists is to return to the fundamentals and squeeze as much performance as possible from these wonderful and difficult materials.