When calculating the amount of power available from a water outlet (using a system that converts the kinetic energy of the water flow to power with for example a Pelton wheel), the energy per unit time is different depending on the nozzle size and hence flowrate of the water leaving the outlet.
In a hypothetical perfect system where total volume of water out is the same regardless of nozzle diameter (but hence the speed varies inversely with nozzle area), how is it that more energy is available ($\frac{1}{2}mv^2$) at higher speeds, when surely the potential energy in the system is a very specific fixed value.
Of course in reality the mass flowrate will reduce with nozzle area reduction - but hypothetically I don't understand why there is an apparent difference in energy potential between the configurations.