This does not make sense to me. Can you explain?
I think there might be misunderstanding of how analog computing is used to build a neural network. First, a weight is stored as some analog physical property, typically as charge on a floating gate, or on a capacitor in a DRAM type cell. Second, the multiplication operation is performed by modulating the analog input signal going through the floating gate transistor by the charge on the floating gate (weight). Third, the summation is done via simple summation of the currents. Finally, activation function is performed by an opamp.
Regarding power consumption: 1. A digital computer needs a thousand of transistors to perform multiplication, analog circuit can do it with a single one. 2. Analog NN stores parameters (weights) locally, right where they are needed to perform computation. Digital NN will need lots of memory transfers to bring weights from RAM to ALU, and to store intermediate results.
That's why a properly implemented analog NN will always consume much less power.