A clock gating system (CGS) includes a digital power estimator configured to generate indications of a predicted energy consumption per cycle of a clock signal and a maximum energy consumption per cycle of the clock signal. The CGS further includes a voltage-clock gate (VCG) circuit coupled to the digital power estimator. The VCG circuit is configured to gate and un-gate the clock signal based on the indications prior to occurrence of a voltage droop event and using hardware voltage model circuitry of the VCG circuit. The VCG circuit is further configured to gate the clock signal based on an undershoot phase associated with the voltage droop event and to un-gate the clock signal based on an overshoot phase associated with the voltage droop event.