After some more deep thought, and reading all replies ...
Power draw of the RAM must also be considered. A discrete GPU (eg 7670m) has its own 2GB of RAM, and this is included in the 25W TDP.
OTH, the HD4000 uses the system RAM, so you need to add a few more Watts to the 8W or 11W figures. The system RAM will use more power when the HD4000 uses it.