Precisely. Loosely speaking, CMOS power dissipation is governed by the equation P = alpha*F*V*V, where V is the voltage, F is the frequency of transistors toggl

Precisely. Loosely speaking, CMOS power dissipation is governed by the equation P = alpha*F*V*V, where V is the voltage, F is the frequency of transistors toggling and alpha is an activity factor between 0.0 and 1.0, corresponding to how many transistors toggle. More utilization = more transistors toggling = more power draw. Generally.