Here, have a wiki.
http://railcraft.wikispaces.com/Steam Turbine (Device)
Basically build the 3x2x2 right next to a suitably humungous steam boiler, chuck your ridiculously expensive turbine rotor into it, and then put an IC2 cable next to the machine.
What do you do with all this raw power? GregTech has a recipe for centrifuging lava that yields bars of copper, tin, electrum plus tungsten dust. Thermal Expansion lets you make infinite cobble and then melt it into lava, allowing you to summon metal from nothing using MJ and EU. There's also an energy tesseract that will let you power a quarry remotely and some other stuff from Forestry to mess around with.