Several weeks ago Joshua Pearce at Clarion University in Pennsylvania released a study titled “ Thermodynamic limitations to nuclear energy deployment as a greenhouse gas mitigation technology .” In the study he stated... nuclear energy production would have to increase by 10.5% per year from 2010 to 2050 to both replace fossil-fuel-energy use and meet the future energy demands. This line, of course, made the headlines and has been picked up by several outlets and blogs . When looking into his calculations for this statement, he made one assumption error that overstated the above sentence by nearly a factor of three. Page 121, Section 4.1 of the study states: Richard Smalley pointed out that in 2004, the global economy consumed the equivalent of 220 million barrels of oil per day, which converted into electricity terms is the equivalent of 14.5 TeraWatts (TW), or 14,500,000 MegaWatts (MW) (2005). … With a nuclear plant having about 1000 MW (1 GW) of capacity, we would need 14,500...
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Bourke is a town of 4,000 people 800 kilometres (roughly 500 miles) away from Sydney. It is 370 kilometres from the nearest town of any size, Dubbo, which is a town of about 36,000 people.
I'm no electrical engineer, but even allowing for the flat terrain and lack of settlement transmission lines of that length would be a significant fraction of the cost of a power plant itself.
It would be about the equivalent of plonking a nuclear reactor halfway between Calgary and Saskatoon - a great way to deal with the NIMBY factor, but not terribly economically sensible.
More info:
Article at Wikipedia