That's different than power generation. If the reservoir goes dry, the power plant can't generate energy. That video is about drinking and irrigation water for communities.
I would assume that same thinking can be applied to both, although reduced hydraulic head would lower the power capacity making it not completely linear as is the case with water supply.
The entire video is about how you take an variable supply and turn it into something consistent and the engineering challenges required to do so.
"What Happens When a Reservoir Goes Dry?"
https://www.youtube.com/watch?v=wu9qy4DyKlo