A batteries nominal voltage or potential difference is the voltage given out when there is no load on the battery. The voltage given out by the battery when loaded is lower than the potential difference because the resistance of the battery itself creates a minor voltage divider with any other resistance in the circuit.
Thus the "power" of 1.5v is not really correct. The higher the current draw the lower the voltage given out by the battery. So basically the "power" of 1.5v isnt really a correct peice of information.