Well, as others have said, electrical generation is not our problem. With just the uninhabited deserts in the U.S.; we could make enough solar power to supply all of North America (Using just mirror plants, so no photo electrics IE rare earths). The problem is getting that energy to the end user, thanks to transmission loss. A small, even if it's the size of a home, reactor--that has no chance of melt down, and produces no carbon--would allow us to build huge solar fields in east bumble fuck, and then transport the fuel energy to the location we actually need active electrical fields. It's a huge windfall to be able to extract a higher degree of energy from a small space; regardless of how much it takes to make it. (And it could be an enormous loss; the figures on how much power the sun pushes onto the earth are just staggering; if we had a fuel that could transport that energy from production? Energy problems would go away.)
Edit: Wanted to get the factoid before I posted it.
But just to go over; a
paperin 2001 illustrated that even at 10% generation rate (Today's are significantly more efficient PE's can go up to 40% now); you'd only need about the area of South Dakota to produce all the earth's power needs. I'm not sure if CSP plants (Mirror based) have had the same increase in efficiency; but even at 10%, we'd generate so much that making the fuel would be trivial. The bottle neck right now really is just on site generation, not total generation. Also, other forms of power generation would be immensely more effecient, like the dams in the Southern U.S.--rather than losing all that energy pumping the electricity around, they could just make fuel and transport it to local generators.
The other huge benefit of this would also be more localized and less fragile energy infrastructures. Which is something we
desperatelyneed.